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You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. What It Measures, Verification, and Example Block time, in the context of cryptocurrency, is the average amount of time it takes for a new block to be added to a blockchain. Atlantic Council. The target hash is a hexadecimal number set higher than that of the hashes being solved. There are much more affordable versions, but the more you pay, the faster you can hash.
