What Is the Concept of ‘Hash Rate’ and How Is It Measured in Mining?

Hash rate is the speed at which a mining machine can perform the cryptographic operations required to solve the block puzzle. It is essentially the measure of a miner's computational power.

Hash rate is measured in hashes per second, typically expressed in large units like Megahashes per second (MH/s), Gigahashes per second (GH/s), Terahashes per second (TH/s), or Petahashes per second (PH/s).