You’ve heard of TradingView, the leading crypto charting platform. But have you heard of TradeView? Hashrate TradeView, to give it its full title, is a new trading dashboard from mining marketplace NiceHash and as its name suggests, it visualizes cryptocurrency mining, providing a 360º view of hashrate prices and market depth.The hashrate of Bitcoin and other popular Proof-of-Work cryptos has been measurable for years, but it’s usually delivered as a number – so many Exahashes per second in the case of BTC – rather than as a visual. But Hashrate TradeView puts a face on global mining power, allowing users to view network hashrates as they undulate in near real-time – and to leverage this information to their advantage.NiceHash Places Crypto Mining on the ChartsThe release of Hashrate TradeView is designed to standardize how mining power is priced and traded. But it’s also a powerful primitive that has the potential to be integrated into a host of platforms – and to even power new primitives. We’re talking hashrate futures, prediction markets, perps, DeFi collateral, lending products – the list goes on.But we’re getting ahead of ourselves. Let’s start by recounting the facts as they stand. Crypto mining hashrate – particularly in the case of Bitcoin – has become a globally tradable commodity that provides an insight into not only network security, but market prices too. Because as everyone knows, price follows hashrate – or is it the other way around? Whatever the case, that relationship is something that will become much easier to measure now that Hashrate TradeView is live.Visual Proof of Proof-of-WorkHashrate TradeView can be thought of as visual proof of the work that miners around the world are putting in to secure networks worth trillions of dollars. It’s essentially proof of Proof-of-Work. But while recording hashrate is the primary metric that NiceHash’s new platform provides, it also does a whole lot more.Many of the indicators that can be used in TradingView to gauge the performance of crypto assets can also be brought to bear in analyzing hashrate with the dashboard launched by NiceHash. This includes historical pricing, volume, and the ability to view market depth.As NiceHash CEO Saša Čoh explains, “With Hashrate TradeView, we’re bridging the worlds of mining and traditional finance. For the first time, traders can analyze and interact with hashrate as they would any other financial market, making it easier to understand, compare, and trade.”Given the company’s reputation in the mining industry, its data sources can be relied upon, given that they’re coming straight from the source. Which is why its decision to launch a hashrate charting service is sure to catch attention, both among existing users and crypto traders more broadly.Putting a Price on Hashrate The TradeView marketplace developed by NiceHash looks just like that of a cryptocurrency chart on a conventional order book exchange: the default timeframe can be adjusted, while other data points reveal information such as the number of active miners. In addition to showing the current network hashrate for SHA256 and SHA256AsicBoost, the dashboard enables other mining algorithms to be viewed, including Qubit, Equihash, and ZHash.The service has been designed for the benefit of NiceHash Marketplace users, particularly those who are considering renting hashpower. It will enable them to make smarter decisions concerning their entry into the market, and how to gauge the ebbs and flows that define network hashrate. Its release moves hashrate closer to being integrated into the broader crypto market, making it easier to track and trade 24/7.This article was written by FM Contributors at www.financemagnates.com.