Hashrate is a metric that quantifies the total computational power deployed by miners to process transactions and secure a blockchain network. It is measured in hashes per second (H/s) and serves as an indicator of a network’s security and efficiency.
A higher hashrate suggests that more resources are being dedicated to mining, which can help deter attacks and increase confidence in the network.
Investors and analysts monitor hashrate closely to assess the overall health and competitiveness of mining operations.
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