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What does the computing power computing unit mean (computing power unit h)?

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What does the computing power computing unit mean? The computing power computing

What does the computing power computing unit mean (computing power unit h)?

What does the computing power computing unit mean? The computing power computing unit refers to optimizing the calculations on the network to determine the energy consumption of a system. Simply put, it can convert workload into verifiable work proof (PoW), which is a new type of mining machine or a new computer hardware algorithm for computing power in PoW systems.

Specifically, Bitcoin and Ethereum use a form called “mining” to provide computing power to the entire network, which is done by “miners”. Ethereum also uses a similar method to generate its own digital currency, just like Bitcoin. Therefore, in the field of blockchain, people generally believe that this technology has huge potential. In English, if we translate “computing power calculation” it is equivalent to “mining”. But how did this technology come about? Let me briefly introduce: “Mining machine” is also known as a mining pool. “Computing power” is a new machine or a resource in the virtual world generated based on a mathematical model. Its role is to ensure that everyone’s computing power can continue to grow and to ensure that this data is not lost due to any accidents.

Computing power unit h

The computing power unit h/s (Bitcoin hash value) is the most commonly used digital cryptocurrency in the world and is also a common indicator for miners in the market. According to a recent research report by the Cambridge Centre for Alternative Finance at the University of Cambridge, the world’s largest Bitcoin network hash rate has reached 136.4TH/s, which is equivalent to 388 million yuan and accounts for 54.8% of the total hash rate. (Huobi Pro)

From the chart above, we can see that based on the current price calculation, the sixth-ranked cryptocurrency in the market is Canaan Creative, which has risen by more than 10% as of the time of writing; in terms of USD valuation, Bitmain ranks second, with a cumulative increase of nearly 80% in the past month.

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