Overview of Block 243957
The Bitcoin blockchain reached another milestone with block 243957, mined on June 30, 2013, at 01:25:23 UTC. This block represents an important moment in Bitcoin's history, showcasing the network's growing capabilities during its early years.
Key Block Details
- Block Hash: 0000000000000017e7a53b190f03a69c3a83dbf52eb8ce28247546f69b8ba176
- Height: 243957 (Main Chain)
- Size: 135,838 bytes
- Version: 2
- Difficulty: 179,666,430
- Miner Pool: EclipseMC
👉 Learn more about Bitcoin mining pools
Transaction Data Analysis
Block 243957 contained:
- Total Transactions: 295
- Total Input: 6,230.34267173 BTC
- Total Output: 6,255.34267173 BTC
- Transaction Fees: 0.1222528 BTC
This block demonstrates Bitcoin's transaction processing capabilities during 2013, when the network was still establishing itself as a viable financial system.
Technical Specifications
The block's technical parameters reveal interesting aspects of Bitcoin's development:
- Block Version: Version 2 indicates protocol improvements were already being implemented
- Difficulty Level: The relatively low difficulty (compared to modern standards) shows the network's early stage
- Block Size: At 135KB, it was typical for blocks of that era
Historical Context
Examining block 243957 provides valuable insights into Bitcoin's evolution:
- Early mining pool operations
- Transaction volume patterns
- Fee structures before widespread adoption
- Protocol development timeline
👉 Explore Bitcoin's development history
Frequently Asked Questions
What makes block 243957 significant?
Block 243957 represents Bitcoin's continued growth in 2013, showcasing increased adoption and developing infrastructure like mining pools.
How does the transaction volume compare to modern blocks?
With only 295 transactions, it's significantly smaller than today's blocks that often contain thousands of transactions.
What was Bitcoin's price during this block?
While exact price data for this specific block isn't available, Bitcoin averaged around $100 during June 2013.
Why was the block reward higher in 2013?
The block reward was 25 BTC at this time (before halving to 12.5 BTC in 2016), part of Bitcoin's built-in emission schedule.
How has mining difficulty changed since 2013?
Difficulty has increased exponentially due to more powerful mining equipment and greater network participation.