hashrate

Etymology

hash + rate

noun

  1. (computing, cryptocurrencies) The number of proof of work hashes that a mining computer can make in a given period of time, usually a second.
    Specialized hardware like a GPU is designed to do large numbers of small tasks very quickly, and so excel at hashing: typically a single GPU can produce a hashrate at least ten times faster than that of a single CPU. 2017, Adam Rothstein, The End of Money, John Murray Press
  2. The network hashrate; the estimated number of hashes generated by the entire mining network.
    BitCoin hashrate
    In August last year, the most recent data available, Kazakhstan accounted for 18% of the global “hashrate” – crypto lingo for the amount of computing power being used by computers hooked up to the bitcoin network. 2022-01-06, “Kazakhstan internet shutdown deals blow to global bitcoin mining operation”, in The Guardian

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