Intermediate
Hashrate
Also: hash rate
The total computing power miners are pointing at a proof-of-work network.
A higher hashrate generally means the network is more expensive to attack. It’s usually measured in exahashes per second (EH/s).
Related terms
- MiningUsing specialised computers to secure a proof-of-work blockchain in exchange for new coins and fees.
- Proof of workA consensus method where miners spend computing power to earn the right to add the next block.
- Mining difficultyA setting Bitcoin adjusts about every two weeks so blocks keep arriving roughly every ten minutes.