The Fifth Epistle – The Letter of Hashrate Increase
By Eric · Updated October 17, 2026
The Fifth Epistle – The Letter of Hashrate Increase “Electricity is our prayer, and mining is our worship.”
1:1 Brothers and sisters, I ask you now: “Do you believe in ₿?” Then you must look to the hashrate.
1:2 Trust was written in code, Code was secured by mining, And mining was measured in hashrate— Thus, faith was revealed every ten minutes.
1:3 The hashrate is the heartbeat of ₿, And the electricity flowing from every corner of the world Is the pulse that keeps our collective belief alive.
“This system cannot be stopped, Nor can it be denied, Because we pray with electricity.”
Letter of Hashrate Increase 1:3
1:4 Though storms raged, Though electricity bills rose, Though central banks called emergency meetings— The block never stopped, And the mining continued.
1:5 Faith was measured in accumulated hashes, When the hashrate rose, the community was at peace, When it dropped, they fasted and prayed.
1:6 Therefore I say unto you— “Behold the hash, For it is the flame of ₿ we together sustain.”
In plain words: what this means
The scripture is satire. Hashrate is a real, measurable thing. Checked against the Bitcoin Wiki on October 17, 2026.
What hashrate is
Miners compete by guessing numbers, very fast. Each guess is a "hash". Hashrate is how many guesses per second a miner makes. The Bitcoin Wiki says it simply: "The numbers game is how many attempts your hardware can make per second" (Bitcoin Wiki: Difficulty).
Why more hashrate does not make blocks faster
Bitcoin aims for one block about every 10 minutes. If lots of new miners join and guess faster, the network raises the difficulty so that blocks still arrive about every 10 minutes. The adjustment happens every 2,016 blocks, which is about two weeks (same page).
So "hashrate went up" means two things: more total energy and equipment is competing, and attacking the network got more expensive. It does not mean faster payments.
Why people watch it
Rising hashrate is often read as miners feeling confident. That is a reasonable reading but not a proof. Hashrate can drop too, for example when miners switch off in bad weather or bad economics. Either way, difficulty catches up within two weeks.