Bitcoin Halving Delayed? Following Recent Bitcoin Sell-Off, Average Block Time Increased To 14 Minutes

The latest steep declines in Bitcoin’s price have pushed miners to switch off some of their equipment to reduce costs. Consequently, this slowed down the average daily block time by as much as 70%. Miners’ Response To The Price Drop Miners are the backbone of Bitcoin and any other Proof-of-Work-based cryptocurrency. They create new bitcoins […]

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