Try our business solution for free!

Bitcoin (BTC) block (mining) time from 2017 to April 4, 2022

Published by
Raynor de Best,
Apr 5, 2022
The Bitcoin confirmation time - the time it takes to mine a block of Bitcoin transactions - fluctuated by several minutes over the course of 2021. While not often used for purchases, investors have flocked towards Bitcoin and other virtual currencies for investment. Fluctuations in price could lead to changes in investor activity, which would have correlating changes in transaction times. Given Bitcoin’s security algorithm, which depends on a distributed ledger, an increase in the number of Bitcoins in circulation could also lead to longer transaction times.

Average time it takes to mine a Bitcoin from January 2017 to April 4, 2022 (in minutes)

Exclusive Premium statistic

You need a Statista Account for unlimited access.

  • Full access to 1m statistics
  • Incl. source references
  • Available to download in PNG, PDF, XLS format
Statista Accounts
View for free

Access to this and all other statistics on 80,000 topics from

$468 USD / Year
$708 USD / Year

© Statista 2023
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

April 2022

Region

Worldwide

Survey time period

January 2017 to April 4, 2022

Supplementary notes

Monthly figures are as of the end of that particular month.

Figures have been rounded.

Citation formats
Statista Accounts: Access All Statistics. Starting from $468 USD / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Starter Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 USD $39 USD / Month *
in the first 12 months
Professional Account
Full access

Business Solutions including all features.

* Prices do not include sales tax.

Statistics on " Blockchain "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Statistics on Blockchain

Overview

5

Markets influenced

4

Cryptocurrency

7

Bitcoin

7

Patents

4

Consumption

4

Further related statistics

18

Further Content: You might find this interesting as well

Statistics

Topics

BlockchainBitcoinCryptocurrencyFintechCrypto art
Statista Accounts: Access All Statistics. Starting from $468 USD / Year
Learn more about how Statista can support your business.
Menu