Post
Topic
Board Development & Technical Discussion
Re: Can/should Bitcoin software be reconfigured to limit the # of miners?
by
DannyHamilton
on 25/02/2021, 14:44:00 UTC
Average transaction time to get a confirmation are influenced by,
1. Block size
2. Block time
3. How many transaction is created by bitcoin user

No.

Average transaction time to get a confirmation is influenced by:

1. Transaction fee per vByte in the transaction.
2. Total vBytes of pending transactions that have paid a higher fee per vByte
3. Total global hashpower
4. Current difficulty target
5. Luck