Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
Hashrate
What is Hashrate and How Does it Work?
Crypto hashrate is a measure of the computational power of a cryptocurrency network. It refers to the number of hashes (mathematical calculations) performed in a given period (usually per second). The higher the hashrate, the more powerful the network is and the more difficult it is to attack or manipulate. Hashrate is used in mining, which is the process of creating new blocks in a blockchain. Miners use specialized hardware (such as ASICs) to perform the hashes required to validate…
Block Education
@BlockEducation
3 weeks ago 104 views