During the mining process, miners are solving complex mathematic problems, relying on trial and error (rather than a set formula) to find the valid hash.

The number of trials a miner can perform per second represents its “hashing power”, which is also known as “hashrate” (measured by hash/s). For example, S17+ models usually come with a hashing power of 70TH/s, which means that each S17+ can perform at least 70 trillion calculations every second. The hashing power a miner has in relative to the entire network’ s computing power represents the miner’s chance of winning the block reward every 10 minutes.