GuideAPI Doc

Hash Rate & Difficulty

Measure network security, miner participation, and computational effort.

Overview
Hash rate and difficulty are the foundation of Bitcoin’s proof-of-work system. They quantify the computational resources miners dedicate to securing the blockchain and maintaining block production at 10-minute intervals. Difficulty dynamically adjusts to balance network conditions, keeping issuance consistent despite miner inflow or outflow.

Formula

H a s h R a t e = T o t a l H a s h e s T i m e I n t e r v a l HashRate = \frac{TotalHashes}{TimeInterval}
D i f f i c u l t y = T a r g e t B a s e T a r g e t C u r r e n t Difficulty = \frac{Target_{Base}}{Target_{Current}}

For moving averages:

M e a n H a s h R a t e 30 d = 1 30 ∑ i = 1 30 H a s h R a t e i MeanHashRate_{30d} = \frac{1}{30}\sum_{i=1}^{30} HashRate_i
M e a n D i f f i c u l t y = 1 n ∑ i = 1 n D i f f i c u l t y i MeanDifficulty = \frac{1}{n}\sum_{i=1}^{n} Difficulty_i

Interpretation

  • Hash Rate ↑: stronger network and profitability.

  • Difficulty ↑: competitive environment.

  • Sharp drops: potential miner capitulation.

Available Metrics