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TagsWhat is the average time it took to mine Ethereum in 2017?
Cabaas Deyniile Cabaas DeyniilJan 11, 2022 · 3 years ago1 answersCan you provide more information on the average time it took to mine Ethereum in 2017? I'm interested in understanding the time frame it took for miners to successfully mine Ethereum during that year. Could you please shed some light on this?
1 answers
- According to data from that time, the average time it took to mine Ethereum in 2017 was approximately 15-20 seconds per block. This was relatively fast compared to some other cryptocurrencies. However, it's important to note that mining Ethereum has become more challenging over the years, with increased mining difficulty and competition. The average time it takes to mine Ethereum in the present day is significantly longer compared to 2017. This is mainly due to the growing number of miners and the increased complexity of the mining algorithm. Therefore, it's crucial to consider the context and understand that the mining landscape has evolved since 2017.Jan 11, 2022 · 3 years ago
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