What Is Hash Rate?

By

Jake Morr

on

August 25, 2023

Hash rate measures the computational power of the Bitcoin network, indicating how many calculations it can perform per second. A higher hash rate implies a more secure and resilient network against potential attacks. It reflects the combined efforts of miners who validate and record transactions on the blockchain. The term "hashing" refers to the process of verifying block transactions. For miners, the hash rate can help estimate profitability, as more powerful equipment results in a higher hash rate. For investors, a rising hash rate signals a robust and secure network.

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