A mining computer’s total hashrate, or calculations per second, denotes the mathematical processing power of a computer or group of computers mining bitcoin. Higher hashrates are better. As bitcoin supply decreases, mining difficulty increases. Your mining rig needs a higher hashrate to compete with other miners. High-end mining hardware for Bitcoin has a hashrate of around 100 hashes per second. Given, the frequent changes in Bitcoin difficulty adjustments up and down, use our Bitcoin mining calculator to calculate Bitcoin mining profits. This investing in bitcoin on cash app is also referred to as the mining difficulty or difficulty, which is easier to understand once you grasp the basics of Bitcoin mining. You already learned that Bitcoin transactions are stored in blocks, which are added to the blockchain every 10 minutes (= 600 seconds).