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Data / Median confirmation time / 2020
How long the median transaction waited to be confirmed, in minutes.
Median confirmation time opened 2020 at 3.6 min (January 1, 2020) and closed at 13.7 min (December 31, 2020), up 275.8%. The high was 25.3 min on October 27, 2020 and the low 3.6 min on January 1, 2020.
| Month | Month end |
|---|---|
| January 2020 | 10.3 min |
| February 2020 | 8.3 min |
| March 2020 | 7.1 min |
| April 2020 | 12.8 min |
| May 2020 | 7.8 min |
| June 2020 | 9.9 min |
| July 2020 | 12.7 min |
| August 2020 | 10.2 min |
| September 2020 | 18.4 min |
| October 2020 | 17.0 min |
| November 2020 | 13.7 min |
| December 2020 | 13.7 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 · 2019 · 2018 · 2017 · 2016 · 2015 · 2014 · 2013
Also in 2020: Bitcoin price · Distance from the all-time high · 200-day and 200-week averages · 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