Note: Except the symbol of k in kH/s all other unit is upper-case. GH/s (Giga-Hash per Second) = 1 000 000 000 Hashes/s MH/s (Mega-Hash per Second) = 1 000 000 Hashes/s KH/s (Kilo-Hash per Second) = 1 000 Hashes/s Hash rate denominations are measured in standard metric prefixes just like how mass, volume, length and time are expressed. All these are called Hash rate and is computed as Hashes generated per second (H/s). It is a speed at which a given mining hardware solves a problem. Hash Rate Conversion Table Hash Rate Unitĭifference between H/s, kH/s, MH/s, GH/s, TH/s, PH/s, EH/s and ZH/sĪll these units such as kH/s, Mh/s, GHs and so on are the common terms used in crypto mining operation. So while converting input the right metric and do not confuse it with other algorithm as you totally get different speeds on them. Whereas Zcash uses Equihash algorithm and its difficult is measured in Sol/s (Solutions per second). For example Ethereum uses Ethash algorithm ( a modified version of Dagger-Hashimoto) and its difficulty is measured in Hashes. Note: The hashing algorithm used by each and every coin varies and so the hashrate is. It is just an example to give a basic idea of this tool. You can convert hashrate of the mining pool and compare it with the results shown in block explorer. Higher the hashrate the quicker you’ll be able to solve a block. You can use the above tool to convert and compare your hash power with the overall network hashrate. So why convert?įor instance lets say you have an ASIC miner which is capable of delivering 14 TH/s. To convert this value in to TeraHash or PetaHash or GigaHash you can use this tool. To use this calculator just input your mining hardware hashing power and it will automatically convert to all other units.įor example the current network hashrate of Bitcoin is 140 EH/s (Exa hashes per second). With this simple hashrate calculator you can convert Hash to KiloHash to MegaHash to GigaHash to TeraHash to PetaHash to ExaHash to ZettaHash and vice versa. The chart below shows how Bitcoin and Ethereum combined would rank among the electrical energy consumption of entire nations.Got your shiny new ASIC miner or just setup a new GPU mining rig? You might be looking for a way to convert your hashpower from one unit to another. In its current state the entire Ethereum network consumes more electricity than a number of countries. For now, Ethereum is still running on proof-of-work completely. This change would minimize energy consumption and will be implemented gradually according to the latest roadmap. SustainabilityĮthereum has plans to change its proof-of-work algorithm to an energy efficient proof-of-stake algorithm called Casper. Application-specific integrated circuits (ASICs) led to the industrialization of Bitcoin mining, while Ethereum mining is done with Graphics processing units (GPUs) found in every home computer. This is due to the fact that Ethereum runs Ethash, an “ASIC-resistant” proof-of-work algorithm. The only difference between the two indices is that the average price paid per kilowatt-hour (KWh) for Bitcoin miners is estimated at about 5 cents per KWh, while Ethereum miners are assumed to be paying 10 cents per KWh on average. Lastly, the resulting number is easily converted to kilowatt-hours by dividing it by the average price per kilowatt-hour.Then it is estimated what part of mining revenues are being spent on electricity costs.First, the total mining revenues are calculated and converted to USD.In essence, the following steps are followed in order to estimate the network’s total electricity consumption: The details of the latter can be found here. The Ethereum Energy Consumption Index has been designed with the same purpose, methods and assumptions as the Bitcoin Energy Consumption Index. Bitcoin Historic Sustainability Performance.Bitcoin Electricity Consumption: An Economic Approach.A Deep Dive in a Real-World Bitcoin Mine.Preying on the poor? Opportunities and challenges for tackling the social and environmental threats of cryptocurrencies for vulnerable and low-income communities.
The true costs of digital currencies: Exploring impact beyond energy use.Bitcoin boom: what rising prices mean for the network’s energy consumption.Bitcoin’s energy consumption is underestimated: A market dynamics approach.Renewable Energy Will Not Solve Bitcoin’s Sustainability Problem.
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