- Bitcoin network faced a one-hour block production delay on Tuesday.
- The one-hour lapse in a new block on the Bitcoin network is not unprecedented.
- Bitcoin recorded two instances when the network failed to produce a block for nearly two hours in 2021.
Data has shown that the Bitcoin (BTC) network has again experienced a historic temporary lapse in block production, with a notable pause that lasted over an hour. According to Bitcoin’s dedicated blockchain explorer, a delay occurred on November 7 as the network failed to produce a block between 16:47 and 17:56 (UTC+8).
Prominent Chinese reporter Colin Wu spotlighted this development in a recent statement on the X platform (formerly Twitter), citing information from the Bitcoin Explorer website.
The Bitcoin network did not produce a block for about an hour from 16:47 to 17:56 (UTC+8) on November 7. In May 2023, the Bitcoin network twice did not produce a block for nearly an hour. In 2021, the Bitcoin network experienced two times for nearly 2 hours.… pic.twitter.com/X2xVPsmliD— Wu Blockchain (@WuBlockchain) November 7, 2023
Meanwhile, the recent over one-hour lapse with no new recorded block on the Bi…
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