What is hashrate? How is it measured?Hashrate reflects the performance of mining hardware. It is measured in solutions per second. A solution in the GRIN network is called a graph, or simply G. Mining performance is measured in Gps (graph per second).
- 1 KGps = 1 000 Gps
- 1 MGps = 1 000 KGps = 1 000 000 Gps
- 1 GGps = 1 000 MGps = 1 000 000 KGps = 1 000 000 000 Gps
- 1 TGps = 1 000 GGps = 1 000 000 MGps = 1 000 000 000 KGps = 1 000 000 000 000 Gps
What is a solution? My GPU hashrate.Your GPU or mining rig is calculating thousands, millions of graph (solutions) per second. For example, one Nvidia 1070 Ti graphics card has a hashrate of 6.2 Gps, according to the 2CryptoCalc mining profitability calculator. It means that it is calculating solutions per second. In other words, it is solving a graph function 6.2 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?GRIN network hashrate reflects the overall performance of all miners in the grin network. Currently, GRIN network hashrate is 8.57 KGps = 8 568 Gps.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.