#BTCHashratePeak #BTCHashratePeak What is Bitcoin hash rate?
Bitcoin hash rate is a metric related to the process of mining Bitcoin.
Mining Bitcoin is the process of solving complex mathematical problems in order to receive a reward in the form of bitcoins. The process of mining Bitcoin ensures the security of the network and also confirms the validity of transactions on the blockchain.
The mining hash rate is, therefore, a key security metric for Bitcoin.
This is because the higher the levels of hashing power (considered as computational power) operating in the network, the harder it will be for someone to overpower and attack the network.
How is Bitcoin hash rate measured?
Bitcoin hash rate is typically calculated in hashes per second (h/s).