The meaning of hashrate and mine

In the mining of digital currency, we often hear a word called “hashrate”. For example, Antminer S9’s hashrate is 13.5T, Antminer L3+ is 504M hashrate.

Hashrate, stands for the calculating ability of a miner, is a data to evaluate the miner performance. Specifically, it refers to the calculating times per second of a miner in a whole hash algorithm.

Mining is a process of submitting shares to the pool by a large number of calculations for obtaining a cryptographic currency.