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What Is Hash Rate in Bitcoin and Why Does It Matter? | Ep. 38 — Sat Chats Short Stacks

What Is Hash Rate in Bitcoin and Why Does It Matter? | Ep. 38 — Sat Chats Short Stacks

Season 99 Episode 38 Published 7 months ago
Description

In this Short Stack, Chris finally asks what every Bitcoin beginner has been wondering: “What the heck is hash rate?” Spoiler alert... it’s not about illegal drugs or breakfast side dishes.


Stewart breaks it down in the simplest terms possible:

✅ What “hashing” actually means

✅ How hash rate is measured (gigahash, terahash, exahash)

✅ Why hash rate = Bitcoin network security

✅ How Chris’s tiny Bitaxe miner makes billions of guesses per second

✅ Why high hash rate means it’s nearly impossible to fake Bitcoin transactions


Chapters

00:00 Understanding Hash Rate in Bitcoin

03:39 Hashing Process Explained

07:43 The Importance of Hash Rate for Bitcoin Security


This one’s perfect for anyone who’s confused by the nerdy lingo around Bitcoin mining; we keep it light, funny, and beginner-friendly.


Got more questions about Bitcoin mining? Drop them in the comments (we may research and explain it on a future Short Stack.) Subscribe for a chance at 10 million sats, we’re giving it away to one of our first 100,000 subs!


Support Sat Chats directly by:

— Zapping Lightning to satchats@getalby.com

— Grabbing your slot in the studio today at https://satchats.com/

— Sending Bitcoin to bc1q5yrwe6qxujzumg5j28g0rvckx9n859sa08fupc

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