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Author Topic: Only 3 new blocks the last hour? The community is counting on you miners....  (Read 1548 times)
Bit_Happy
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June 25, 2011, 02:34:09 AM
 #1

Did a transaction exactly an hour ago and it's at only 3/unconfirmed.
Only 3 new blocks the last hour? The community is counting on you miners to do better tonight.

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jasonk
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June 25, 2011, 03:18:28 AM
 #2

Did a transaction exactly an hour ago and it's at only 3/unconfirmed.
Only 3 new blocks the last hour? The community is counting on you miners to do better tonight.

I think it can take several hours even before your transaction is included in a block.

I've recently had a transactions take 12 hours to get like 6 confirmations....

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Bit_Happy
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June 25, 2011, 04:07:37 AM
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Thanks, I thought only tiny transactions were delayed, but I'm not an expert.

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June 25, 2011, 08:05:13 AM
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I was moving bitcoins to my "safe house" and after the first big transaction, I noticed 45 minutes later that it didn't get a single confirmation. So I sent a small transaction with .1222228 and paid a .01 fee and then both transactions went through and within seconds I had 1 confirm on both.
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June 25, 2011, 09:35:20 AM
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seems like the exponential growth has hit a profitability wall, people are quitting mining but some are just starting ...

also the stats on deepbit show 20% more average shares per block, just a randomness I guess. but it looks more difficult than planned Smiley btw before difficulty jump, it was mostly negative (that is, lucky) so the jump was not 57% but much closer to 100%. maybe other pools were different though.
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June 25, 2011, 11:57:18 AM
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Did a transaction exactly an hour ago and it's at only 3/unconfirmed.
Only 3 new blocks the last hour? The community is counting on you miners to do better tonight.

It will be interesting to see if this + MtGox are the ceiling for some of the recent adopters. I was initially under the impression that it would be mainly casual users dropping their rigs but after scanning the forums it seems a lot of hardcore rigs are hitting the resale market as well.
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