Terahashes Per Second (TH/s) is a measure of the processing power of a cryptocurrency mining rig. It is used to determine how quickly transactions can be processed by miners and how much currency they can generate. The higher the TH/s, the more powerful the rig and the faster it will process transactions.
A terahash per second (TH/s) is equal to 1 trillion hashes per second. A hash is an operation that takes data as input, processes it in some way, and produces an output known as a “hash value”. Each new block created on the blockchain requires millions or billions of calculations before it can be completed – these are done by miners who use specialized hardware designed for this purpose. This hardware is capable of performing trillions of calculations per second – hence TH/s being used as a measure for their performance.
Mining rigs typically range from 0-20 TH/S depending on their age, quality and type; newer models are usually more powerful than older ones with ASIC machines able to reach higher speeds than GPUs or CPUs alone. The most popular types of mining rigs today include ASICs (Application Specific Integrated Circuits), FPGAs (Field Programmable Gate Arrays) and GPUs (Graphics Processing Units).
When shopping for cryptocurrency mining equipment, you should always look at its specifications including its total hashing rate expressed in Terahashes Per Second so that you know what kind of performance you’ll get out of your investment.
