What is hash rate? It’s been a hot topic lately, but aren’t you curious about how it actually impacts the mining industry?
Simply put, hash rate is an indicator of the processing speed of a blockchain, especially the Bitcoin network. Since Bitcoin's debut in 2009, the concept of hash rate has become increasingly important. Monitoring hash rate has become essential for assessing miner profitability and network security.
What happens when the hash rate is high? First, the network becomes more robust. If an attacker tries to disrupt the Bitcoin network, a high hash rate means enormous computation