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Hey, I've been trying to understand Bitcoin mining better and keep seeing the term "hash rate" everywhere. When I check mining pools or network stats, the numbers are always changing and I don't really get what it means. Can someone explain what hash rate actually measures and why it matters for the network?
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That's a great question! The hash rate is basically the measuring stick for how much computational power is being used to mine and process transactions on the Bitcoin network. Think of it like this: the higher the hash rate, the more secure the network becomes because it would take an enormous amount of computing power to attack it. I found this really clear explanation that breaks down exactly what is hashrate and why it's such a crucial security metric. The article covers everything from how it's measured to why fluctuations happen and what it means for network health. Here's the resource that helped me finally get it: