What is Bitcoin hash rate and why does it matter?

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What is Bitcoin? How does blockchain work? How to mine cryptocurrency? We are glad to help you answer these questions with our quick guides in Explained section.

rn”,”seo_description”:”What is Bitcoin? How does blockchain work? How to mine cryptocurrency? We are glad to help you answer these questions with our quick guides in Explained section.”},”words_count”:746,”description”:”Cryptocurrency’s hash rate measures a blockchain network’s processing power to process transactions”,”author”:{“id”:1470,”title”:”Onkar Singh”,”url”:”onkar-singh”,”twitter”:””,”google_plus”:””,”photo”:””,”gender”:”male”,”description”:”Onkar Singh is a blockchain enthusiast as he keeps a tab on the recent happenings pertaining to the crypto industry. He aims to provide quality content in blockchain and crypto domain. He is a financial content writer too and has worked on several financial projects related to the stock market news, fundamental research, and technical analysis for several websites.”,”facebook”:””,”email”:””,”linkedin”:””,”created_at”:”2022-01-28 14:30:55″,”updated_at”:”2022-04-05 22:44:33″,”deleted_at”:null,”avatar”:”https://cointelegraph.com/assets/img/icons/author_male.jpg”,”hash”:”aHR0cHM6Ly9jb2ludGVsZWdyYXBoLmNvbS9hdXRob3JzL29ua2FyLXNpbmdo”,”relativeUrl”:”https://cointelegraph.com/authors/onkar-singh”,”user_id”:1470,”language_id”:1,”name”:”Onkar Singh”,”desc”:”Onkar Singh is a blockchain enthusiast as he keeps a tab on the recent happenings pertaining to the crypto industry. He aims to provide quality content in blockchain and crypto domain. He is a financial content writer too and has worked on several financial projects related to the stock market news, fundamental research, and technical analysis for several websites.”,”seo_title”:””,”seo_description”:””,”enabled”:1,”show_in_authors”:0,”show_in_experts”:0},”category_id”:65,”audio”:”https://s3.cointelegraph.com/audio/94584.3e12c949-a60d-4611-8aef-7f6ef15c51fb.mp3″,”tags”:[{“name”:”Bitcoin”,”uri”:”/tags/bitcoin”,”super”:1,”page_title”:”Bitcoin News”},{“name”:”Blockchain”,”uri”:”/tags/blockchain”,”super”:1,”page_title”:”Blockchain News”},{“name”:”Mining”,”uri”:”/tags/mining”,”super”:0,”page_title”:”Mining News”},{“name”:”Security”,”uri”:”/tags/security”,”super”:0,”page_title”:”Security News”},{“name”:”Bitcoin Price”,”uri”:”/tags/bitcoin-price”,”super”:0,”page_title”:”Bitcoin Price News”},{“name”:”Transactions”,”uri”:”/tags/transactions”,”super”:0,”page_title”:”Transactions News”},{“name”:”SHA256″,”uri”:”/tags/sha256″,”super”:0,”page_title”:”SHA256 News”},{“name”:”Rewards”,”uri”:”/tags/rewards”,”super”:0,”page_title”:”Rewards News”},{“name”:”Proof-of-Work”,”uri”:”/tags/proof-of-work”,”super”:0,”page_title”:”Proof of Work News”},{“name”:”Bitcoin Block Size”,”uri”:”/tags/bitcoin-block-size”,”super”:0,”page_title”:”Bitcoin Block Size News”},{“name”:”Hash Rate”,”uri”:&quot