How long does a transaction take today?

[TheSmo]

Hi all,

I am a little confused: I sent a transaction today and added 0.0003 BTC as suggested by the BTC Core client.
After 2.5 hours, I still see only 2 out of 6 confirmations... I this normal these days?

[vpitcher07]

Hi all,

I am a little confused: I sent a transaction today and added 0.0003 BTC as suggested by the BTC Core client.
After 2.5 hours, I still see only 2 out of 6 confirmations... I this normal these days?

It's normal. Solving a block usually takes every 10 minutes however it can take MUCH longer or much shorter. It's basically all about luck. You just happened to send a transaction when it's taking longer than average to solve a block.

edit: typo

[TTM]

My most recent transactions took around 40 minutes for 6 confirmations, 0.0002 BTC fee.

[odolvlobo]

The fee only affects the time of the first confirmation.

[Kazimir]

How long does a transaction take today?

A Bitcoin transaction takes 1 or 2 seconds.

You're mistaken with confirmation. With credit cards and paypal, this is typically 3-6 months (although occasionally it may take up to even more than a year - I kid you not). With Bitcoin, it's typically 0-10 minutes (although occasionally it may take up to several blocks of 10 minutes each before it gets included in the blockchain).

[Meuh6879]

12 seconds with 0 confirmations with bitcoin-QT.
1 minute with SMARTPHONE on regular (and low) internet mobile data connexion.

and then ...

43 min for 6 confirmations.

[vpitcher07]

12 seconds with 0 confirmations with bitcoin-QT.
1 minute with SMARTPHONE on regular (and low) internet mobile data connexion.

and then ...

43 min for 6 confirmations.

Confirmations have nothing to do with the speed of your internet. It has to do with then network as a whole. If you get a confirmation in 12 seconds you just happened to send a transaction right before a block was solved - simple as that.

[ning]

Propagation and confirmation are two different things. Transaction propagation is near instant, while the first transaction confirmation takes about ten minutes on average.

[top10merchant]

1 hour for six confirmations is normal, but till 3 hours also is possible.

[sitecoin]

My most recent transactions took around 40 minutes for 6 confirmations, 0.0002 BTC fee.

So fast， I need such a long time, from morning until evening.

[top10merchant]

My most recent transactions took around 40 minutes for 6 confirmations, 0.0002 BTC fee.

So fast， I need such a long time, from morning until evening.

How much fee? I think you sent without fee.