Hashrate
Computing power available on a blockchain network.
Beginner-friendly explanation
Hashrate measures how fast a blockchain network performs calculations to secure transactions. A higher hashrate means stronger network security. Example: If Bitcoin has a high hashrate, it means it is very hard for a hacker to take control of it.
Intermediate-level insight
Hashrate indicates the number of calculations (hashes) a network can perform per second. It is measured in H/s, kH/s, MH/s, GH/s, or TH/s. It reflects mining difficulty and competition. Example: A network with 100 TH/s is more secure and competitive than one with only 1 TH/s.
Advanced perspective
Hashrate is a key indicator to assess a blockchain’s resilience to 51% attacks. It also impacts mining difficulty adjustment and miner profitability. Careful analysis of hashrate can help anticipate market movements. Example: A sudden drop in hashrate can signal miners' loss of confidence, causing temporary price instability.
Blockchain & Technology
hashrate, mining, computing power, blockchain security, network, hashes per second, mining difficulty