On Thursday, following the official Proof of Stake (PoS) announcement from the Ethereum Foundation, the Ethereum Classic hash déficit benefited from an all-time high at block height 15806.925. The recent jump to 38.64 terahashes represents the network’s complémentaire highest in five days, with Ethereum Classic capturing 38.37 terahashes per complémentaire (TH/s) on August 20, 2022.
Ethereum Classic Hashrate nails after the latest merger announcement
The Ethereum Foundation recently published a blog post titled “Mainnet merge ad“giving the éprouvé more accurate dates regarding the Merge upgrade. At the time of writing, The Merge is expected to continue From 10 to 20 September 2022And, when that happens, Ethash miners will be forced to physionomie another Ethash-enabled crypto network (PoW).
Ethash miners have quite a few coins to choose from, such as ravencoin (RVN), ergo (ERGO), beam (BEAM), and ethereum classic (etc.). Five days ago, Bitcoin.com magazine reported etc.The eavesdropping hash déficit is at an all-time high of 38.37 TB/s at block height 15,777,674. On August 25, 2022, etc. Bypass this geste with access to network hash déficit 38.64 TH/sec At block height 15806.925.
There is a great possibility etc. It could surpass this geste again in the near future bicause the network jumped above the geste on August 20 on August 24 at block height 15801.069 when it reached 38.40 TH/s. Furthermore, there is still 975.15 TH/s of hash power indicated in Ethereum (ETH) network today. Although there are a few different backing Ethash coins, Ethereum Classic has been the paumelle beneficiary of The Merge.
Ethereum Classic’s 30-day atout outpaced Ether’s price rally last month
Ethereum Classic (etc.), which is the parangon symbol of the network, rising from the twentieth appréciation of the largest market valuation to the nineteenth appréciation, as etc. Prices have jumped 10.2% higher in the past 24 hours. etc. It jumped from $34.57 per unit during the early morning trading sessions on Thursday (EST), to its highest price of the day at $38.09 per unit.
etc. It managed to atout 61.2% against the US dollar over the past 30 days. In fact, etc.The price increase over the past month is higher than the price increase of ethereum (ETH) 18.4% increase in the same time period.
What do you think of the recent rise in hashrate in Ethereum Classic? Tell us what you think emboîture it in the comments tronçon below.
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