Tags : Hashrate

Blockchain

What Does Hashrate Mean? – CoinDesk

“Hashrate” refers to the total combined computational power that is being used to mine and process transactions on a Proof-of-Work blockchain, such as Bitcoin and Ethereum (prior to the 2.0 upgrade). A “hash” is a fixed-length alphanumeric code that is used to represent words, messages and data of any length. Crypto projects use a variety […]Read More

Litecoin

Litecoin Price and Hashrate Diving Down; What’s Next?

Litecoin’s hash rate has declined by over 30% since its block size halving event earlier this month, the latest data shows.  Litecoin Trades At Lows Against USD The increasingly troubled altcoin, currently the fifth-largest cryptocurrency by market cap, has lost 30% of its value since the halving, which occurred on August 5. Data from monitoring […]Read More