What Is the ‘Hash Rate’ and How Does It Measure Network Security?
Hash rate is the total combined computational power being used to mine and process transactions on a Proof-of-Work blockchain. It is measured in hashes per second (H/s).
A higher hash rate indicates a more secure network because it means an attacker would need a proportionally larger and more expensive amount of computing power to achieve the 51% threshold required for an attack.
Glossar
Hashes per Second
Hashrate ⎊ The term "hashrate," frequently expressed as hashes per second (HPS), quantifies the computational power dedicated to verifying transactions and securing a blockchain network, particularly within proof-of-work (PoW) cryptocurrencies.
Hash Rate
Power ⎊ Hash rate quantifies the total computational power dedicated to solving the cryptographic puzzle in a Proof-of-Work network.
Computing Power
Resource ⎊ In Proof-of-Work systems, computing power represents the total aggregated hash rate contributed by miners to solve the cryptographic puzzle required for block validation.
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.