Around this morning, mining a block in the Bitcoin network (block number 759,054) took more than an hour. This unusual occurrence caused thousands of transactions to remain in an unverified state for a relatively long time.
To Report CoinDesk, according to data Available in various blockchain explorers, the time interval between blocks number 759,053 and 759,054 of the Bitcoin network, which were mined by Foundry USA and Luxor pools, respectively, was 85 minutes.
According to the data available on the platform MempoolBefore mining this block, more than 13,000 transactions were waiting for confirmation in the Bitcoin network.
Bitcoin network difficulty reset as scheduled last Monday and reached an all-time high of 35.61 trillion. Network difficulty adjustment is done automatically every two weeks in order to keep the verification time of network blocks at around 10 minutes. Increasing the difficulty of the network also increases the cost of mining Bitcoin for miners, and along with the inconvenience of rising energy prices and decreasing the price of Bitcoin, it puts more pressure on the mining industry.
It should be noted that it is not yet clear why the confirmation of this block from the Bitcoin network has taken so long.