Bitcoin Forum
May 13, 2024, 06:57:57 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Network Hashrate  (Read 608 times)
Alcuino (OP)
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile
November 21, 2013, 05:12:26 PM
 #1

Hello:

According to http://ppc.coinmine.pl/ the ppc Network Hashrate is : 0.730 GH/s

But to http://zet.coinmine.pl/ the Network Hashrate is: 60.495 GH/s

How is it possible that a coin less developed have a higher hasrate?

Al
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715626677
Hero Member
*
Offline Offline

Posts: 1715626677

View Profile Personal Message (Offline)

Ignore
1715626677
Reply with quote  #2

1715626677
Report to moderator
Gator-hex
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500


View Profile
November 21, 2013, 05:21:21 PM
Last edit: November 21, 2013, 05:49:39 PM by Gator-hex
 #2

The hash rate is a reflection of how many people/computing power are mining for it.

The miners are competing to win the coin reward and to keep the amount of new coins entering supply stable the difficulty of mining is raised or lowered.

e.t.
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
November 21, 2013, 05:46:31 PM
 #3

im not an an expert and i dont know if this adresses your question but i have to make a first in the newbie section.

i guess different coins can use different hash algorithms so if a coin has an easy hash algorithm then i might be possible for one cpu to generate 100 hashes per second but only 1 hash per second another coin with a more complex hash algorithm..?
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!