What does hashrate mean?

Definition

Hashrate is the measure of how much computing power is used in the Bitcoin network. It reflects how many calculations per second all miners combined are performing to find the next block.

Why it matters

A high hashrate means the network is more secure and resistant to attacks. It also indicates strong participation from miners around the world. The higher the hashrate, the harder it is for bad actors to manipulate the blockchain.

How it’s measured

Hashrate is measured in hashes per second (H/s), with common units like terahashes (TH/s) or exahashes (EH/s). The hashrate can vary depending on network activity and miner profitability.