#BitcoinHashRateSurge
What is Bitcoin's hash rate?
Bitcoin's hash rate refers to the computational power or the number of calculations miners perform on the Bitcoin network within a given time frame. It represents the total processing power dedicated to securing the Bitcoin blockchain network and validating transactions. The higher hash rate indicates a more robust and more secure network.
Hash rate serves as a measure of the network's overall health and security. It reflects the combined efforts of miners who compete to solve complicated mathematical problems to add new blocks to the blockchain network. This process, known as Bitcoin mining, ensures the integrity and immutability of the Bitcoin ledger.