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Hashrate


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What Does Hashrate Mean and Why Does It Matter?

By FXCOINZ Editorial

04/09/2024

Hashrate is a key metric in the cryptocurrency world, representing the computational power used in mining activities. It directly influences network security, mining difficulty, and overall market sentiment. A higher hashrate signals a more secure blockchain, but also raises concerns about energy consumption. Understanding hashrate is essential for anyone involved in crypto.