What Is the Mathematical Function That a Miner’s Hash Rate Is Trying to Solve?
A miner's hash rate is the speed at which it can generate a hash output from a given input, which includes the block header data and a changing nonce value. The function is a cryptographic hash function, like SHA-256 for Bitcoin.
The goal is to find a hash output that is less than or equal to the network's current target difficulty. This is a brute-force guessing process.