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As with any investment, particularly one as new and volatile as Bitcoin, investors should carefully consider if Bitcoin is the right investment for them. What It Measures, Verification, and Example Block time, in the context of cryptocurrency, is the average amount of time it takes for a new block to be added to a blockchain. No Items in Watchlist There are currently no items in this Watchlist. Fees work on a first-price auction system, where the higher the fee attached to the transaction, the more likely a miner will process that transaction first. Bitcoin has a fixed supply of 21 million.