As of Friday, the total hashrate of three Ethereum chains that support mining — Ethereum Classic, ETHPoW and Ethereum Fair — is TH/S as. Today, on September 5, Ethereum's hashrate is running at TH/s and Ethereum Classic's hashpower has a dedicated 46 TH/s. ETC's hashrate is. Disclosure: Mining metrics are calculated based on a network hash rate of , GH/s and using a ETC - USD exchange rate of 1 ETC = $ SIMPLE FOREX SYSTEM FOR DAILY CHARTS FOR TEENS

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It is measured in solutions per second. A solution in the Ethereum Classic network is called a hash, or simply h. My GPU hashrate. Your GPU or mining rig is calculating thousands, millions of hashes solutions per second.

It means that it is calculating 31 solutions per second. In other words, it is solving a hash function 31 million 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. Your GPU or mining rig is calculating thousands, millions of hashes solutions per second. It means that it is calculating 31 solutions per second. In other words, it is solving a hash function 31 million 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?

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