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I use bitcoin on a relatively powerful laptop, with an Internet connection that will max out at about 23Mbps. I have just made my second transfer to a party and 57 minutes later have just garnered my first confirmation. I have noticed on a number of bitcoin sites (namely gambling and other solicitations) that one confirmation should only take about 30 minutes.
My questions are:
Is there an average confirmation time based on number of connections to the bitcoin network or network speed?
Is there a reasonable expectation I can place on the confirmation time. If so what factors can increase/decrease this expectation?
What can affect the variation time? Active connections? Personal hardware? Transfer amount?
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Hi guys
Bitcoin newb had to emergency reimage PC and has lost his original wallt.dat file. I still know the address, is there any way to collect these coins. Only a pitiful amount, but everybit helps.
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