Re: Proof-of-work difficulty increasing
Re: Proof-of-work difficulty increasing
Date: July 16, 2010
Source: BitcoinTalk Forum
URL: https://satoshi.nakamotoinstitute.org/posts/bitcointalk/225/
Right, the difficulty adjustment is trying to keep it so the network as a whole generates an average of 6 blocks per hour. The time for your block to mature will always be around 20 hours.
The recent adjustment put us back to close to 6 blocks per hour again.
There's a site where you can see the time between blocks, and since block 68545, it's been more like 10 minutes per block:
http://nullvoid.org/bitcoin/statistix.php