What is a hashrate?

Hash Rates – Hash Powers

Hash rate (sometimes called the hash power) is the speed at which a cryptocurrency  mining device operates.

To be successful at mining, speed is of the essence since the miner is trying to solve a question, add a block the the chain and reap the rewards before anyone else. The more answers suggested over the shortest period of time will increase the chances of solving that block.

KilohashKH/s (thousands of Hashes/second)
MegahashMH/s (millions of Hashes/second)
GigahashGH/s (billions of Hashes/second)
TerahashTH/s (trillions of Hashes/second)
PetahashPH/s (quadrillions of Hashes/second)

What is the cryptographic hash function? A hash function in computer processing is a function that compresses information, meaning the output is generally shorter than the input. Hash functions are used in many parts of cryptography to map data of differing sizes to data of a fixed size. Cryptographic hash functions are ideal for processing cryptocurrency transactions. They are secure and are widely used in information security applications involving authentication, digital signatures and message authentication codes. In the context of cryptocurrency mining, a hash is one computation or “guess” at solving a block. The hash rate can increase or decrease.

If you are interested in mining crypto then there are 3 main ways to get the best hashrates or hashing power.  

It is a good idea to start mining with your CPU, GPU or ASIC Miner with Linux operating system or Windows.  From experience it is best to mine from Linux Operating System as it is more stable and flexible with programming code.   If you want to learn how to get started with crypto mining then almost everyone can get started and earn money from their processor or CPU on their computer.  

You can start earning crypto from your computers processor or CPU. 

GPU’s are more powerful or high end graphics card comes in two brands. AMD or NVIDIA.

ASIC Miners are specific built crypto miners and can especially mine crypto and bitcoin directly – Depending on your level of interest, you can be sure it is super expensive and most of the time not even worth it because ASIC miners draw so much power – ASIC miners can utilise 2500 watts so unless you have built a specific setup to handle this, it won’t be suitable starting out but you can work your way forward to building your CPU, GPU and eventual ASIC crypto miner high end video card. You can earn hundreds of dollars per day GPU & ASIC crypto minng.

 

 

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