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588 sats \ 0 replies \ @k00b 2 Dec 2023 \ on: Not a bitcoin block was mined in the last 2hs! bitcoin
Blocks are mined by guessing many many times and found by luck. The more guesses a miner makes, the greater the chance that they'll be lucky enough to find a block. Sometimes despite making many many guesses no one gets lucky.
You can think of it like a lottery. Lotteries sometimes don't have winners. Each additional set of lottery numbers you buy increases your chance of winning but only marginally.