Post
Topic
Board Bitcoin Technical Support
Re: 5 confirmations in 10 mins
by
DannyHamilton
on 30/08/2017, 13:45:49 UTC
This has never happened before

Are you sure?

I suspect it has.

I thought each confirmation took 10 mins

No.  Each confirmation takes a completely random amount of time.  The difficulty is adjusted every 2016 blocks to keep the long term average close to 10 minutes.  Some confirmations will be MUCH faster.  Some confirmations will be MUCH slower.

I just requested a withdrawal from one exchange and it was deposited in another exchange with 5-10 mins
You can see the transaction here

https://blockexplorer.com/tx/de05e00844f1f7e0f5ee63528b2e1c69f7bc695cfcaf26c84d952d3fe677df74

Is this normal?

Yes.