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Author Topic: How slow is mtgox?  (Read 3055 times)
niooron (OP)
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April 14, 2011, 11:28:39 PM
 #1

I sent 30 bitcoins to my account about 1 hour ago, its already at 11 confirmations and it still doesn't show up in my account.

How many hours does mtgox take to update an account?
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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niooron (OP)
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April 15, 2011, 12:02:32 AM
 #2

Well, after 2 hours the funds finally arrived. I thought electronic currency would be a little faster. Time is money after all.
Garrett Burgwardt
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April 15, 2011, 12:33:45 AM
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Normally it is faster, but I guess mtgox is under some heavy stress lately, lots of activity.
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April 15, 2011, 02:47:52 AM
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Normally it is faster, but I guess mtgox is under some heavy stress lately, lots of activity.

Lots of activity, a sign of a healthy exchange.

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xf2_org
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April 15, 2011, 04:34:12 AM
 #5

Normally it is faster, but I guess mtgox is under some heavy stress lately, lots of activity.

mtgox isn't overloaded.

These delays are likely related to mtgox requiring 6 confirmations.  That is an hour on average, and many times every day, we see 6 confirmations take far longer than 60 minutes.

nster
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April 15, 2011, 07:06:18 AM
 #6

Normally it is faster, but I guess mtgox is under some heavy stress lately, lots of activity.

mtgox isn't overloaded.

These delays are likely related to mtgox requiring 6 confirmations.  That is an hour on average, and many times every day, we see 6 confirmations take far longer than 60 minutes.



He said there were 11 already  Undecided read the post

167q1CHgVjzLCwQwQvJ3tRMUCrjfqvSznd Donations are welcome Smiley Please be kind if I helped
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Michael Hendricks
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April 15, 2011, 03:34:33 PM
 #7

I sent 30 bitcoins to my account about 1 hour ago, its already at 11 confirmations and it still doesn't show up in my account.

How many hours does mtgox take to update an account?

mtgox requires 6 confirmations for a Bitcoin deposit to post to your account.  However, there were some volume-related issues causing them not to post until 10-12 confirmations (I had two deposits post this late).  My most recent deposits have posted at 6 confirmations, so it looks like Mt Gox has resolved the issues.
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April 15, 2011, 07:14:25 PM
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I just had one that only came in at 9 confirmations.
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April 18, 2011, 09:52:35 AM
 #9

Novice ask: MyBitcoin can helps ?
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June 08, 2011, 10:52:53 AM
Last edit: June 08, 2011, 11:35:29 AM by glassman
 #10

My first couple of transactions gox-->dwolla were about 1.5 hrs.  Then this
How about 16 hours and counting?

I have done some research, andcame across this string regarding 'challenges'
http://forum.bitcoin.org/index.php?action=printpage;topic=8280.0

I am currently looking into bitmarket.eu, as mentioned in an above post.  
Does anyone else have alternatives?  Time is money.  if they can't talk to you about a problem, it compounds it
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June 08, 2011, 02:38:38 PM
 #11

Even more annoying...waiting for my bank transfer to show up in my account >_>
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June 08, 2011, 05:05:41 PM
 #12

They are having issues at the moment.

Please see: https://forum.bitcoin.org/index.php?topic=13536.0
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