BitcoinBeginner

Hashrate

The number of hash calculations performed per second by mining equipment or a mining network.

PLAIN-ENGLISH DEFINITION

In more detail

A machine's hashrate describes how quickly it can try candidate hashes. A whole network's hashrate is an estimate based on observed blocks and difficulty, not a live count of every machine. More hash attempts improve a miner's chances, but don't promise when its next block will arrive.

IN THE WILD

How you might use it

Two miners compare hardware in terahashes per second. A network dashboard estimates the combined hashrate rather than reading every device directly.

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By Crypto Dictionary · Published · Updated

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