Bitcoin has reached a new historic achievement by mining 900,000 blocks, showcasing its resilience and network security.
Details of Block 900,000
According to information from Bitcoin Magazine, the 900,000 block included 1,562 transactions with an average fee rate of ~3 sat/vB, generating 0.018 BTC in fees. The block was processed by ViaBTC, one of the industry’s prominent mining pools.
Comparison with Previous Block
In comparison, the previous block contained 1,161 transactions at a higher average fee rate of ~5 sat/vB, collecting 0.013 BTC in total fees and taking around 10 minutes to mine.
Significance of the Historic Achievement
While symbolic in nature, the 900,000th block underscores Bitcoin’s continued resilience, consistent block production, and the countdown to the next halving event — expected at block 1,050,000. The milestone reaffirms network security and community momentum amid growing institutional and global adoption.
The achievement of the 900,000th block in the Bitcoin network reflects its resilience and well-organized ecosystem, which is crucial in light of future changes and events in the cryptocurrency space.