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Solo Mining Bitcoin with 1 Terahash... and someone found a Bitcoin blockThe hash rate of Bitcoin typically increases as more individuals mine Bitcoin. Hash rate refers to the computational power or processing. For example, a hashrate of 1TH/s means one trillion calculations can be performed every second. These calculations are being measured based on mining. Mining is. The hash rate is used to determine the mining difficulty of a blockchain network and can be used as a gauge of security. A hash is an alphanumeric code that is.