How long does it take to mine 1 bitcoin?

The time it takes to mine 1 bitcoin can vary depending on several factors, including the mining hardware used, the level of mining difficulty, and the current hash rate of the network.

When Bitcoin was first launched in 2009, it was possible to mine 1 bitcoin using a basic computer or laptop. However, as the network has grown and mining difficulty has increased, the computational power required to mine Bitcoin has also increased significantly.

Today, mining 1 bitcoin using a typical mining rig with specialized hardware, such as an ASIC (application-specific integrated circuit) miner, can take several months or even years, depending on the efficiency of the miner and the current mining difficulty.

The mining difficulty of Bitcoin adjusts automatically every 2016 blocks, or approximately every two weeks, to maintain a steady rate of block generation. As more miners join the network and compete for block rewards, the difficulty of mining increases, making it harder and more resource-intensive to mine Bitcoin.

In summary, the time it takes to mine 1 bitcoin is highly variable and depends on several factors. At present, it is typically not feasible for individual miners to mine 1 bitcoin using a basic computer or even a typical mining rig, and specialized mining hardware is required to compete in the current Bitcoin mining ecosystem.

Start with crypto today

Sign up on NBX, a trusted Norwegian cryptocurrency exchange and custodian, and kickstart your crypto journey safely.
Crypto 101
Explore the most popular crypto terms and find answers to your questions.

How long does it take to mine 1 bitcoin?


What is taker and maker?


What is blockchain technology?


What is public-key cryptography?


What is a Private Key?


What is Dollar Cost Averaging?


What is Ethereum?


How is cryptocurrency taxed in Europe?


What is a cryptocurrency exchange?


Insights, Trends, Analysis

Unraveling the cryptocurrency industry revolution.

The Remarkable History of Dogecoin: From Meme to Global Crypto Sensation

The history of Dogecoin is a testament to the power of community, humor, and collective enthusiasm within the cryptocurrency space. What started as a playful meme coin has evolved into a global sensation, embraced by a vibrant community that continues to push the boundaries of what a cryptocurrency can achieve.
4 min

Everything You Need To Know About NFTs: A Comprehensive Guide

In recent years, the world of digital assets has undergone a revolutionary change with the emergence of Non-Fungible Tokens (NFTs). These unique tokens have captured the attention of artists, collectors, and investors alike.
10 min

A Decade of Cryptocurrency Exchanges: From Hacks to Innovation

Over the past 10 years, the cryptocurrency market has witnessed remarkable growth, accompanied by notable incidents, evolving trends, and continuous efforts to improve security and user experience. Though, many have taken steps to enhance user fund protection and comply with regulatory requirements.
7 min
Cookie Consent

By clicking “Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.