Hashrate

Contents

Average Hashrate

Definition

The mean hash rate needed to mine a block based on data from the previous 24 hrs. Hash rate is the speed at which computations are being completed across all miners in the network, in hashes per second.

Dictionary

Name
MetricID
Unit
Interval

Average Hashrate

block_hashrate_mean_1d

Hashes per second

1 block

Methodology

Hash rate is derived from difficulty (DiffMean), the rate at which block came in (BlkIntMean) and depending on the protocols, some other pieces of data. This metric gives an estimate of how much hash power is mining a given chain. This represents a sliding 1d average.

Available Assets

Bitcoin (BTC), Ethereum (ETH)*

* Historical data covering the pre-merge timeframe only (up to 9/15/2022). With the merge ETH switched from Proof of Work and miners to Proof of Stake and validators meaning the network no longer has a hashrate as of the merge date.

Sample Query

API Endpoints

metrics can be accessed using these endpoints:

  • timeseries/asset-metrics

and by passing in the metric ID's block_hashrate_mean_* in the metrics parameter.

curl --compressed "https://api.coinmetrics.io/v4/timeseries/asset-metrics?metrics=block_hashrate_mean_1d&assets=btc&pretty=true&api_key=<your_key>"

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