Ionic Digital Mined 28.05 Bitcoin in March as Output Fell 14.9%
According to PRNewswire, the miner’s average daily hashrate (computing power securing Bitcoin) dropped 19.4% month over month, while it sold no Bitcoin and held 2,815.6 BTC at March-end.
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Terms & Concepts
Hashrate: The total computing power used to process transactions and secure a blockchain network such as Bitcoin.
EH/s: Exahashes per second, a unit measuring mining computing power equal to one quintillion hash calculations each second.
Bitcoin mining: The process of using specialized computers to validate blockchain transactions and earn newly issued Bitcoin rewards.