What Is a ‘Hash Rate’ and How Is It Measured?
Hash rate is the measure of the computational power being used to mine a cryptocurrency block. It represents the number of calculations (hashes) a miner can perform per second to try and find a valid block solution.
It is typically measured in units like terahashes per second (TH/s) or petahashes per second (PH/s). A higher hash rate indicates a more secure network.
Glossar
Computational Power
Capacity ⎊ The computational power, within the context of cryptocurrency derivatives and options trading, fundamentally represents the aggregate processing capability available to execute complex calculations and simulations.
Hash Rate
Power ⎊ Hash rate quantifies the total computational power dedicated to solving the cryptographic puzzle in a Proof-of-Work network.
Higher Hash Rate
Hash ⎊ A higher hash rate, within the context of cryptocurrency, fundamentally represents an increased computational power dedicated to solving cryptographic puzzles required for validating transactions and adding new blocks to a blockchain.