hashrate

plural hashrates

1. businessThe number of proof of work hashes that a mining computer can make in a given period of time, usually a second.

   Specialized hardware like a GPU is designed to do large numbers of small tasks very quickly, and so excel at hashing: typically a single GPU can produce a hashrate at least ten times faster than that of a single CPU.

   2017, Adam Rothstein, The End of Money, John Murray Press, →ISBN

2. The network hashrate; the estimated number of hashes generated by the entire mining network.

   BitCoin hashrate

   1 more example

   In August last year, the most recent data available, Kazakhstan accounted for 18% of the global “hashrate” – crypto lingo for the amount of computing power being used by computers hooked up to the bitcoin network.

   2022 January 6, “Kazakhstan internet shutdown deals blow to global bitcoin mining operation”, in The Guardian