ChainReview
Mining

Hashrate

The amount of hashing work a miner or network performs.

Glossary readUpdated July 12, 2026

What it means

ASIC hashrate is usually quoted in TH/s or PH/s for Bitcoin mining.

Why it matters

More hashrate means more gross revenue only when power cost, efficiency, and hashprice support it.

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Proof of work

A consensus method that uses computational work to secure a network.

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Hashprice

Estimated mining revenue per unit of hashrate per day.

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Joules per terahash (J/T)

A Bitcoin ASIC efficiency measure.

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