Each cryptocurrency has a different block time—Bitcoin takes around 10 minutes, while Ethereum only takes around 14 seconds . 12 The exact amount of time it takes for block generation varies and depends on the difficulty of the hash (the hexadecimal number generated by the hashing algorithm).
Read moreHow much ETH is in a block?
Block reward Currently each block mined creates 5 fresh ETH .
Read moreHow many Bitcoins is a block?
144 blocks per day are mined on average, and there are 6.25 bitcoins per block .
Read moreWhat is a block ethereum?
Blocks are batches of transactions with a hash of the previous block in the chain . This links blocks together (in a chain) because hashes are cryptographically derived from the block data.
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