Definition ∞ 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.
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