Hash rate, What does it mean?

Hash rate is a term used in the cryptocurrencies field. It is key to understand it in order to fully understand this world

Definition of Hash rate

Hash rate, or hash power, is a measure of a miner’s performance. It defines the rate at which a computer can create output hashes from a given input. In other words, it is the number of random guesses that a computing unit can make within a particular timeframe and represents the "chance" of a miner to win blocks and rewards.

Hash rate is related to

MiningHash (one way hash)

See more: Cryptonyms glossary