This should give you a sense as to why all Bitcoin mining is now done with specialized ASIC hardware which is many orders of magnitude faster and more energy-efficient. The block discovery process which takes approximately 10 minutes per block also results in the minting of a fixed number of new Bitcoin per block. The Lives Of Bitcoin Miners Digging For Digital Gold In Inner Mongolia What Is Bitcoin Mining Bitcoin Mining Bitcoin Mining Hardware These components include hardware efficiency the way and the costs of mining hash rate and mining difficulty. How much time does it take to mine a bitcoin block . Technicalities aside though we know that it takes on average 10 minutes to mine one bitcoin block and be rewarded with 625 bitcoins. Most notably how difficult is mining at this moment. In 2020 ASICs are commonly used to mine bitcoin. Each block takes 10 minutes to mine. For example with five or ten ASICs you may be able to mine 001 BTC a day and then in 100 days you would