How Does the Concept of ‘Hash Rate’ Relate to Mining Profitability?

Hash rate is the number of calculations a miner can perform per second to find a valid block hash. Profitability is directly proportional to a miner's hash rate relative to the total network hash rate.

A higher individual hash rate increases the probability of solving the next block and earning the block reward. However, as the total network hash rate increases, the individual share of the rewards decreases, unless the miner also increases their hash rate.

What Happens to Miner Revenue When Difficulty Increases Sharply?
What Is the Benefit of a Pool Adjusting the Share Difficulty Based on the Individual Miner’s Hardware?
How Does an Increase in Hash Rate Affect Mining Profitability?
How Does a Change in Hash Rate Affect Mining Profitability?
How Does a Higher Hash Rate Correlate with a Lower Variance in Solo Mining Rewards?
How Does the Concept of “Difficulty” in Mining Affect the Profitability of Derivative Mining Contracts?
What Is the Role of a ‘Mining Pool’ in Decentralized Networks?
How Does an ASIC’s Power Consumption Factor into the Profitability Equation?

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