What Is Hashrate Crypto Mining Guide For Beginners Finbold
What is a hashrate? Hashrate is one of the most commonly used terms in the crypto space, especially with regard to cryptocurrency mining. It refers to the combined computational power used by miners to process transactions in cryptocurrency networks that use the PoW validation system, such as Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), and Ethereum (ETH) (before the Merge upgrade on September 15, 2022). Mining is a way to obtain Bitcoin and other cryptocurrencies, which involves the use of advanced computers and mining rigs like Application-Specific Integrated Circuit (ASIC) miners....