When you are mining any cryptocurrency the first thing that you will notice is that mining contracts and mining speeds are given in terms of hash rates. This pretty much gives you an indication of how much will be potentially earning when it comes to mining that specific cryptocurrency. However the one thing that I have never been able to gauge is what exactly these hash rates mean. Would anyone be able to clarify this for me?
Generally if you are doing it on a laptop you obtain a hash rate value of around 50. However if you are on mining equipment you can obtain a higher rate. Is this an indication as to the number of blocks that need to be mined before you see a reward?
Generally if you are doing it on a laptop you obtain a hash rate value of around 50. However if you are on mining equipment you can obtain a higher rate. Is this an indication as to the number of blocks that need to be mined before you see a reward?