Does the location of miners have any effect on how fast a transaction can be confirmed and validated?

[Brushless4500KV 4214]

Today we have a huge number of bitcoin miners from all over the world. Block reward is what encourages miners to join the network. Every day the number of miners are increasing but bitcoin is still among the slowest coins in terms of transaction processing time. Some factors (including busy network) can affect the speed too. When I was thinking about this phenomenon something crossed my mind and I decided to mention it here. As I said earlier, all miners are not in one place. They are scattered everywhere. Suppose someone wants to do a transaction from a certain country. Does it make any difference if the miners who validate his transaction are located near his country or far from his place? For example, he is in Asia but miners are in Europe. I am curious to know if longer or shorter distance can improve transaction speed or not.

Edited December 25, 2019 by Brushless4500KV

[Rudro88 371]

Blockchain is usually done depending on the blockchain.  Can't find a valid and invalid blockchain here.  However, there are various miners who are always trading legally.  I think the transaction is completed without any risk of legitimacy.

[lucky80 1046]

On 12/26/2019 at 12:42 AM, Brushless4500KV said:

For example, he is in Asia but miners are in Europe. I am curious to know if longer or shorter distance can improve transaction speed or not.

Yes location does effect ping time. To get the best result we must connect to the nearest mining pool. 

[Rahul21 626]

It does not matter whether the server has a good role to play in various currency mining transactions, whether it is legal or illegal.  However, legitimate and illegal transactions in our cryptocurrency need to be very careful.  Because earning money is the main thing in our cryptocurrency, illegally earning money can make us lose our currency and can lead to many problems legally.

[hassanmnr 114]

The exact explanation I have been searching Thank you. You are awesome.
 

[iloveyobit 6599]

No, I don’t think that the metal’s site has anything to do with speeding up transfers for Bitcoin, because it is simply the crypto market that is not anywhere. Rather, it is fake. True to say that any miner  in the world might be proactive in speeding up transfers.

[BTC Future 3946]

I think that ping speeds matter (and so the location as well) although I would like to know for sure, if a miner can provide a detailed explanation.

There are situations of different pools broadcasting a block in the network for validation on the exact same second.

I'm sure that the one that will be validated first from consensus rules will be the one that is broadcasted faster to the whole network, meaning that the best ping wins in this situation.

[Yanadia 1517]

20 minutes ago, Aslam12 said:

 I think the transaction is completed without any risk of legitimacy.I am curious to know if longer or shorter distance can improve transaction speed or not.

This is the advantage of the blockchain that has been revealed over and over again that the distance does not affect the time of the transaction again wherever you and the miners are.  This is the advantage of cryptocurrency and blockchain in the timeliness of transactions.

[Oxygen 1004]

On 12/25/2019 at 10:42 PM, Brushless4500KV said:

Today we have a huge number of bitcoin miners from all over the world. Block reward is what encourages miners to join the network. Every day the number of miners are increasing but bitcoin is still among the slowest coins in terms of transaction processing time. Some factors (including busy network) can affect the speed too. When I was thinking about this phenomenon something crossed my mind and I decided to mention it here. As I said earlier, all miners are not in one place. They are scattered everywhere. Suppose someone wants to do a transaction from a certain country. Does it make any difference if the miners who validate his transaction are located near his country or far from his place? For example, he is in Asia but miners are in Europe. I am curious to know if longer or shorter distance can improve transaction speed or not.

Where ever the miners are it is not depend on location to catch a transaction. Blockchain technology is spread all over the world we don't know which block have our bitcoins.

[Shaza Ahmad 1682]

I do not think that distance has a role in the speed of the transaction, the blockchain network is connected to each other in the whole world, it could be the first confirmation of the transaction in China and then the second comes from Europe, so I do not think that the place of the person sending the transaction has a role in that, in the end the transaction When paying a good fee, you only need a few minutes.

[jacker 1095]

I think it will have an impact, because when the server system is too much, overloaded, the verification process also takes more time. want to speed up this time I think it is necessary to actively seek measures

[babaji 1228]

On 12/25/2019 at 11:12 PM, Brushless4500KV said:

Does it make any difference if the miners who validate his transaction are located near his country or far from his place?

Well as far as I understand, is that when a user initiates a transfer, that transactions is broadcasted to the entire network, and which ever miner is ready to claim, can claim it, it doesn't matter if it is near or far. And that transactions is for him to solve. Anyways, in the world of internet where information is dispersed with speed of light, i dont think the problem is with speed of information. the problems lies with the bitcoin mining protocol itself. 

[duncun007 3577]

no there is no relation between the two because literally crypto and blockchain depends on anonymity so it doesn't matter where you are your transactions will be treated the same.

[Brushless4500KV 4214]

1 hour ago, babaji said:

Well as far as I understand, is that when a user initiates a transfer, that transactions is broadcasted to the entire network, and which ever miner is ready to claim, can claim it, it doesn't matter if it is near or far. And that transactions is for him to solve. Anyways, in the world of internet where information is dispersed with speed of light, i dont think the problem is with speed of information. the problems lies with the bitcoin mining protocol itself. 

According to what you said, each transaction involves a certain level of complexity because mathematical calculations should be performed and depending on the difficulty of calculations and the hashing power of each miner, each transaction may take different amounts of time to be processed and confirmed. So, it doesn't matter from where the miners are mining, it is only about how fast they can solve a transaction.

[Syedbesharat 5423]

We all are connected through internet many time we suffer internet problem where the main line is damage and the data bus is very busy.So this can effect the 3rd word countries mostly suffer these kind of issues where thet have not the advance equipped system to transmit internet to local users.They are still using old technology and optical fiber is in process.The whole thing is that the distant matter because every region have their own broad band services companies who make easy and hard for users to do transactions.

[Upright 2688]

Basically bitcoin has an estimated transactions speed of 10 transactions per second, as from it's algorithms, and this aspect of traffic too can also reduce the way which this transaction can also be processed

[MCSGlegend 2210]

I think that even if it somehow affects the speed of the transaction, it impact is very small, often transactions with the same Commission reach within the same time, even if they are sent from completely different countries (taking into account the same load on the network)

Edited April 4, 2020 by MCSGlegend

[IamSickAllYear 243]

I think not, the higher you donate the commission to the miners the faster your transaction will be processed, the location of the miners does not depend on the speed of transaction processing 

[bentayebsalah 2280]

I think this has the effect of quickly ending and confirming transactions and increasing the number of miners around the world

[Saj555 2250]

Maybe it depends on the network durability and speed. But all the transactions and withdrawals that happen by the users always goes through the blockchain technology. Blockchain network is a great network where all the transaction take places and also in a short time. The miner always mine the cryptocurrencies and the transaction goes in the same way. So it doesn't actually depends on the location. 

[tienda 8776]

Thank you for sharing this discussion through your topic, yes is very important what you say here, because there are some website who pay to show ads or any things, they dont pay the same amount for who is in the such developed country and who is in such third country, so is possible this happens with miners!

[jamesvince 2389]

May be location and powers of their computer can be effective for making high or low of bitcoin farms for used to mining operation may be this is not happening because may all peoples have the same capabilities and requirements. 

[NevermindNe 549]

Of course, no, the speed of processing a transaction depends on its priority in the blockchain system, the miner may be close to you, but your transaction will be processed much later than the one with a higher priority.

[magd 5231]

Miners convert cryptocurrencies almost every moment and from all parts of the world but I have not found that they affect the speed of transactions through my experience and work on platforms I have not noticed any slowdown in the speed of transactions

[kadayakito 765]

right. Bitcoin has always had long confirmations, it doesn't have much technology support. Of course, the transaction will be legal, but confirmations take time but it is safe. Overload will make the transaction take longer. I do not know what could facilitate faster trading.