VOC Explained

How long does it take to mine 1 Bitcoin?

Jim Haastrup
By Jim Haastrup
1 Min Read
VOC, Voice of Crypto, Bitcoin, BTC, miner

It takes around 10 minutes to mine a single Bitcoin. However, the time taken can vary drastically depending on the mining difficulty and the number of miners. For instance, when Bitcoin first launched in 2009, it took less than a minute to mine a block. 

As more miners joined the network and competition increased, the average time to mine a block rose to 10 minutes. Today, there are over 12 million actively mining Bitcoin rigs competing for rewards. The total hash rate currently stands at around 1018 hashes per second – that’s over 1 quintillion calculations per second! Needless to say, it’s not easy to earn a Bitcoin these days.

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Jim-Haastrup
ByJim Haastrup
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Jim Haastrup is a blockchain and technical writer at Voice of Crypto, where he covers cryptocurrency, NFTs, DeFi, GameFi, and the Metaverse. Before joining Voice of Crypto in 2022, he spent over three years as a senior technical writer across multiple blockchain projects, including Hashtoken, Naxar, and Bino, where he specialized in whitepapers, technical documentation, and content strategy for decentralized finance applications. Jim began his career as a junior technical writer at RM in Canada before advancing to lead technical writing roles at Bulltoken, a cryptocurrency crowdfunding platform in Norway. Throughout his career, he has authored more than 800 articles and collaborated with development teams to translate complex blockchain protocols into accessible content for diverse audiences including developers, investors, and crypto enthusiasts. His work spans ICO/STO/IDO research and analysis, cryptocurrency market trend forecasting, and social media management for crypto brands. Jim has helped numerous startups build their online presence through strategic content marketing, technical whitepapers, and pitch deck development. Jim graduated from the Federal University of Agriculture, Abeokuta (FUNAAB), Nigeria with a Bachelor of Engineering in Electrical Engineering in 2021. Disclosure: No significant crypto holdings.

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