Glossary · Mining Basics
Hashrate
Also: hash rate, TH/s, PH/s, EH/s
Hashrate is the number of hash attempts a miner or the whole network performs per second, quoted in terahashes (TH/s), petahashes (PH/s) or exahashes (EH/s), and it determines a miner's expected share of block rewards.
Related terms
- Network difficulty
- Network difficulty is the number that sets how hard it is to find a valid Bitcoin block, adjusted every 2,016 blocks so that blocks keep arriving roughly every ten minutes as total hashrate changes.
- Hashprice
- Hashprice is the expected daily mining revenue per unit of hashrate, usually quoted in dollars per terahash per second per day, and it rises with the bitcoin price and transaction fees and falls as network difficulty grows.
- Joules per terahash
- Joules per terahash (J/TH) is the efficiency measure for a mining machine, equal to its power draw in watts divided by its hashrate in TH/s, so a lower figure means less electricity for the same expected revenue.
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