📄 What is it:
Hashrate measures the computational power of a blockchain network or miner, indicating how fast cryptographic puzzles are solved in Proof-of-Work blockchains like Bitcoin. The higher the hashrate, the better the mining performance💪🏼
💻 What is it used for:
To assess mining difficulty and gauge the security of a blockchain network.
📏 How is it measured:
Measured in hashes per second (e.g., KH/s, MH/s, TH/s). Higher numbers reflect more calculations per second.
🔒Why it’s important:
A high hashrate strengthens network security, decentralization, and resilience against attacks.
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