Assets, Ethereum

What Is the Hashrate of Ethereum?

The hashrate is the measuring unit of the processing power of the Ethereum network. It is measured in hashes per second. The higher the hashrate, the more transactions can be processed and confirmed by the network in a given time frame. Transactions are processed through a process known as mining, in which miners use their computers to solve complex mathematical problems in order to validate transactions and add them to the blockchain, Ethereum’s public ledger.

NOTE: WARNING: The hashrate of Ethereum is constantly changing and can vary depending on the type of mining hardware being used. As such, any figures provided should be considered estimates and not taken as absolute values. It is recommended that you research current hashrate figures before using them for any purpose.

The more miners there are in the network, the higher the hashrate. The Ethereum network is currently processing around 15 transactions per second, with a hashrate of around 25 TH/s.

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