Hash rate is a measure of a cryptocurrency network's computing power and a key security indicator.

POW is a cryptographic proof that verifies a certain amount of computational effort.

Hash rate for Bitcoin, or BTC, is the number of times per second that Bitcoin network computers hash data to verify a transaction and secure the network.

High hash rates indicate that many miners are verifying transactions. March 2022: 209.7 million terahashes per second. One trillion hashes is a terahash.

Cryptocurrencies like Bitcoin and Ethereum can be bought and sold without a bank or other intermediary.

Every network transaction is encrypted. Miners must solve complex mathematical puzzles to add cryptocurrencies to the blockchain.

The hash rate is important for individual miners as it can help them predict their profitability.

A miner’s goal is to be the first to come up with a valid block of transaction data containing the correct solution to the puzzle.