Blockmine3rz Ranking Methodology

Blockmine3rz ranking methodology!
Blockmine3rz ranks mining hardware by a simple hashing efficiency ratio. This ensures that the most efficient miners rise to the top of the ranks. Blockmine3rz ensures that we create a clear consistent method to rank miners regardless of energy and price fluctuations
Hashing efficiency ratio = hashing power / energy consumption, for example;
Equals a Hashing Efficiency Ratio of;
The term 'hash rate' or 'hashing power' is the primary measure of a cryptocurrency miner's performance.

It is a way to measure the performance/output of a miner in running and solving different hashing algorithms. These algorithms allow the generation new cryptocurrencies and allowing transactions between them.

To be more specific, the term Hashrate (Hash per secondh/s) is an SI-derived unit representing the number of double SHA-256 computations performed in one second in the bitcoin network for cryptocurrency mining. It is usually represented as h/s (with an appropriate SI prefix).

A range of common hash rate denominations can be found below:

  • 1 kH/s is 1,000 (one thousand) hashes every second;
  • 1 MH/s is 1,000,000 (one million) hashes every second;
  • 1 GH/s is 1,000,000,000 (one billion) hashes every second;
  • 1 TH/s is 1,000,000,000,000 (one trillion) hashes every second;
  • 1 PH/s is 1,000,000,000,000,000 (one quadrillion) hashes every second;
  • 1 EH/s is 1,000,000,000,000,000,000 (one quintillion) hashes every second.
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