Kadena Network Hashrate

What the Kadena network hashrate measures

The network hashrate is the total computing power all miners worldwide apply to the Kadena network. It is mined with specialised Blake2s ASICs, such as the iBeLink BM-K3 or the Bitmain KA3. A rising hashrate means more competition for the same payout - earnings per unit of hashrate decline; a falling hashrate works the other way round. Next to the coin price, the hashrate is therefore the most important network metric for miners; it is also a measure of chain security, since any attack becomes more expensive as total hashrate rises.

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Chainweb: many chains, interwoven

Kadena's distinctive feature is the Chainweb architecture: instead of a single blockchain, the network runs many parallel proof-of-work chains that are interwoven through what is known as braiding. Miners mine on several chains simultaneously, which increases the throughput of the overall network. The network hashrate shown on this page represents the sum across all Chainweb chains.

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Smart contracts with Pact

Kadena supports smart contracts using its own purpose-built language, Pact. The network hashrate therefore secures not only payment transactions but also the program logic executed on the Chainweb chains.

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Difficulty: the control mechanism

Difficulty defines how hard it is to find a valid block on one of the Chainweb chains, and it continuously adjusts to the network hashrate to keep the block rate stable. Hashrate and difficulty therefore move in lockstep - switch between both metrics in the chart above to see the relationship directly.

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History and pool landscape

Cryptohall24 continuously expands its dataset on the Kadena network hashrate through its own monitoring; the charts above show the history so far with a freely selectable time range. To put the hashrate into perspective: the Kadena pool landscape is very concentrated, with only a few pools listed - details are shown on the Kadena mining pools page.