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Data / Median confirmation time / 2014
How long the median transaction waited to be confirmed, in minutes.
Median confirmation time opened 2014 at 6.5 min (January 1, 2014) and closed at 7.8 min (December 31, 2014), up 20.6%. The high was 14.9 min on March 16, 2014 and the low 5.5 min on April 4, 2014.
| Month | Month end |
|---|---|
| January 2014 | 7.4 min |
| February 2014 | 7.0 min |
| March 2014 | 7.9 min |
| April 2014 | 7.7 min |
| May 2014 | 7.5 min |
| June 2014 | 9.3 min |
| July 2014 | 8.1 min |
| August 2014 | 6.3 min |
| September 2014 | 7.5 min |
| October 2014 | 6.0 min |
| November 2014 | 7.5 min |
| December 2014 | 7.8 min |
The time from a transaction being seen to it landing in a block, for the median transaction that paid a fee. It sits near the ten-minute block time when the mempool is clear and stretches to hours when it is not.
Other years: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016 · 2015 · 2013
Also in 2014: Bitcoin price · Distance from the all-time high · Network hashrate · Mining difficulty · Difficulty adjustments · Fees paid to miners · Transactions per day · Hashprice · Miner revenue · Bitmain releases and the bitcoin price · Break-even electricity price · What a bitcoin costs us to mine, against the market