You don’t see that every day: Empty Bitcoin block found

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The recent empty block found in the Bitcoin blockchain has sparked some curiosity. But what exactly is an empty block and how does it fit into the network's operations? (Reporting by JoeNakamoto)

However, every once in a while, the Bitcoin blockchain surprises observers and participants.

Miners are incentivized to mine blocks as quickly as possible, and sometimes, they mine a block before they have received any transactions to include. When this happens, the block remains empty. “In this intervening time, which is usually no more than 1–2 seconds, miners sometimes get lucky and find a new block using the empty block template.”

 

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JoeNakamoto Thanks for explaining it to us

JoeNakamoto Don’t be fooled by its emptiness: Block 776,339 plays as important a role as busier blocks in the Bitcoin blockchain.

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