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Data / Median confirmation time / 2024
How long the median transaction waited to be confirmed, in minutes.
Median confirmation time opened 2024 at 14.3 min (January 1, 2024) and closed at 9.0 min (December 31, 2024), down 37.2%. The high was 15.4 min on July 5, 2024 and the low 2.6 min on May 19, 2024.
| Month | Month end |
|---|---|
| January 2024 | 10.3 min |
| February 2024 | 10.0 min |
| March 2024 | 10.0 min |
| April 2024 | 9.3 min |
| May 2024 | 9.9 min |
| June 2024 | 10.8 min |
| July 2024 | 12.0 min |
| August 2024 | 11.9 min |
| September 2024 | 12.0 min |
| October 2024 | 8.5 min |
| November 2024 | 8.3 min |
| December 2024 | 9.0 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 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016 · 2015 · 2014 · 2013
Also in 2024: 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 · Miner prices per terahash · Bitmain releases and the bitcoin price