Understanding Hashrate: Ethereum Mining Guide
Both for a beginner and for an enthusiast in the world of cryptocurrency mining, understanding the hash rate is crucial. In this article, we will look at the differences between MH/s, kH/s and GH/s, which will help you understand the complexities of Ethereum mining.
What’s behind the abbreviations?
You’ve probably seen abbreviations like MH/s, kH/s, or GH/s in various online forums, Reddit threads, and cryptocurrency communities. But what do these symbols mean?
- MH/s: The most common abbreviation used for hashes per second (h/s). It means “megahashes per second”. This is the generally accepted unit of measurement of mining performance.
- kH/s
or
KH/s: As you have seen, MH/s is often abbreviated to kH/s or KH/s. The difference lies in the prefix used to indicate the number of zeros at the beginning of the rate:
- 1 kH/s = 1000 MH/s
- 1 kH/s = 1000000 GH/s
Hashrate Conversion
To better understand, let’s convert some common hashrates:
| Hashrate | MH/s | kH/s | GH/s |
| — | — | — | — |
| Bitcoin (1st) | 10000000000 | 10000000000 | 10000000000 |
| Ethereum (1eth) | 1,500,000,000 | 150,000,000 | 15,000,000 |
As you can see, the conversion factor between different hashrates is very significant. Here’s a rough guide to help you calculate your own hashrate:
- For every MH/s you need about kH/s.
- For every kH/s you need approx GH/s.
Key Findings
When choosing a mining pool or rig, it is important to consider the target hashrate depending on the complexity of the network. A higher hashrate requires more powerful hardware and can be more profitable for miners with sufficient resources.
To give you an idea of scale:
- 1 MH/s is equivalent to approximately 100 kH/s.
- 1 kH/s is equivalent to approximately 10,000 GH/s.
Now that you know the basics, you’ll be better prepared to understand and navigate the world of Ethereum mining. Happy mining!