A hashrate record denotes the highest observed level of computational power dedicated to securing a Proof-of-Work blockchain network, such as Bitcoin, over a specific period. This metric represents the total number of hash calculations performed per second by all active mining devices. Achieving a new hashrate record indicates increased network security and miner participation. It signifies robust network health.
Context
Crypto news frequently reports on new hashrate records for Bitcoin and other Proof-of-Work cryptocurrencies, often correlating these milestones with increased network security and investor confidence. A rising hashrate suggests that more miners are competing to validate transactions, making the network more resistant to attack. These records provide a tangible measure of a blockchain’s operational strength and decentralization over time.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
