Hashrate

By: WEEX|2024/10/26 07:47:10

Hashrate is the measure of the computational power used by a blockchain network to process transactions and secure the network, typically in Proof-of-Work (PoW) systems like Bitcoin and Ethereum (prior to The Merge). It is measured in hashes per second (H/s), and the higher the hashrate, the more secure and efficient the network is. Miners compete to solve complex cryptographic puzzles, and the hashrate reflects the speed at which they can do so. For example, a hashrate of 100 TH/s means 100 trillion hash calculations are being performed every second. A higher hashrate generally indicates a stronger network, as more miners are competing to validate transactions, thus making it harder for malicious actors to execute attacks like a 51% attack.

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