October 30, 2024

What is Mining Speed in Cryptocurrency?

Mining Speed is an indicator that tells you how strong your device is to handle the difficulty for mining usually determined in Hashrate.

This indicator has units of Gh/s or something like that. This means that the greater your Gh/s, the faster you can complete the algorithm in mathematical terms.

But it also depends on the level of difficulty of mining that is in.

Gh/s here is meant to shorten Giga hashes per second.

 

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