The Speed of Crypto Mining

Hash rate refers to the computing power used to mine and process transactions on a blockchain network.

A higher hash rate means more miners are competing, increasing network security. PoW blockchains rely on high hash rates to prevent attacks and ensure smooth operations.

However, a drop in hash rate can signal miners leaving the network, making it more vulnerable to security risks.

For investors and traders, monitoring hash rate trends can provide insights into network health and mining profitability.