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Cryptocurrency Will Never Be Real MoneyA block of Bitcoin (BTC) took more than an hour to mine, keeping transactions in an unconfirmed state. #PeckShieldAlert #BTC pic. It took more than an hour to mine a block of bitcoin (BTC) on Monday, leaving thousands of transactions stuck in an unconfirmed state. Bitcoin recorded two instances when the network failed to produce a block for nearly two hours in Data has shown that the Bitcoin (BTC).