Hashrate reflects the performance of mining hardware. It is measured in solutions per second. A solution in the Beam network is called a sol, or simply S. Mining performance is measured in S/s (sol per second).
Your GPU or mining rig is calculating thousands, millions of sol (solutions) per second. For example, one Nvidia 1070 Ti graphics card has a hashrate of 40 S/s, according to the 2CryptoCalc mining profitability calculator. It means that it is calculating solutions per second. In other words, it is solving a sol function 40 times per second.A solution is a result gained after one cycle of mining software operation. Miners solve a hash function set by a cryptocurrency algorithm multiple times in a second. This is what one solution of a hash function, or a hash, means. Mining itself is a guessing game. Miners are solving the hash function and searching for a potential block solution until they find the right one. Once it is found, the problem is changed, and miners all over the world start searching for another solution. What Is Mining?
What is network hashrate? How is it calculated?
Beam network hashrate reflects the overall performance of all miners in the beam network. Currently, Beam network hashrate is 547.24 KS/s = 547 241 S/s.Network hashrate is calculated using the current network difficulty, the average block find time set by the cryptocurrency network and/or the effective block find time of the latest blocks. Network Difficulty and Hashrate Explained.