Understanding mining hashrate units can be confusing, especially when different cryptocurrencies use varying measurements. This guide clarifies key units and their conversions to help you compare mining power across networks.
Key Concepts
Network Hashrate
The total combined computational power securing a cryptocurrency's blockchain.
Pool Hashrate
The portion of hashrate contributed by a specific mining pool to the network.
Primary Hashrate Measurement Units
| Unit | Equivalent | Hashes Per Second |
|---|---|---|
| H/s | Base unit | 1 hash |
| KH/s | 1,000 H/s | 1,000 hashes |
| MH/s | 1,000 KH/s | 1,000,000 hashes |
| GH/s | 1,000 MH/s | 1,000,000,000 hashes |
| TH/s | 1,000 GH/s | 1,000,000,000,000 hashes |
| PH/s | 1,000 TH/s | 1,000,000,000,000,000 hashes |
| EH/s | 1,000 PH/s | 1,000,000,000,000,000,000 hashes |
Specialized Mining Units
Equihash Algorithm (Used by Zcash, Beam)
- sol/s: Solutions per second
- Msol/s: 1,000,000 sol/s
Cuckatoo29/31 Algorithm (Used by Grin)
- gps: Graphs per second
- Kgps: 1,000 gps
- Mgps: 1,000,000 gps
Current Network Hashrate Benchmarks
👉 Compare real-time hashrate data across top mining pools
| Cryptocurrency | Network Hashrate (Approx.) |
|---|---|
| Bitcoin (BTC) | 70 EH/s |
| Ethereum (ETH) | 170 TH/s |
| Litecoin (LTC) | 434 TH/s |
| Bitcoin Cash (BCH) | 1.74 EH/s |
FAQ Section
Why do different coins use different hashrate units?
Coins using unique algorithms (like Equihash or Cuckatoo) require specialized measurement units tailored to their mining processes.
How does hashrate affect mining profitability?
Higher network hashrate means more competition - miners need efficient hardware like these optimized mining rigs to remain profitable.
Can I convert between units like EH/s and TH/s?
Yes! Use the 1,000x multiplier (1 EH/s = 1,000 PH/s = 1,000,000 TH/s).
What's more profitable - high hashrate or low hashrate coins?
Lower hashrate networks often offer higher short-term rewards but carry greater volatility. Diversification is key.
How often does network hashrate change?
Daily fluctuations occur based on miner participation, hardware upgrades, and cryptocurrency price movements.
Where can I track live hashrate statistics?
Reliable tracking platforms provide real-time data on all major networks.
Understanding these units helps miners evaluate hardware efficiency, compare networks, and make informed profitability calculations. Always cross-reference current hashrate data when planning mining operations.