Definition ∞ Hashrate growth signifies an increase in the total computational power dedicated to mining a proof-of-work cryptocurrency network. This metric reflects the collective speed at which miners are processing transactions and securing the blockchain. A rising hashrate indicates increased network security and greater participation from mining entities. It represents a proportional enhancement in the network’s resistance to attack.
Context ∞ Hashrate growth is a fundamental indicator of a cryptocurrency network’s security and health, particularly for Bitcoin. News reporting on consistent hashrate increases often correlates with heightened miner confidence and investment in mining infrastructure. This growth can also suggest a more decentralized network, as more participants contribute computing power. Analysts observe this trend for insights into the long-term viability and security of proof-of-work digital assets.
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