Tuesday, 2 November 2021

Crypto Network Hashrates Recover From Summer Slump — Ethereum’s Hashrate Captures All-Time High

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

On November 2, 2021, the Ethereum network’s global hashrate tapped an all-time high (ATH) at 873 terahash per second (TH/s) or close to 1 petahash. Alongside Ethereum’s ATH, a myriad of hashrates have returned back to the highs the network’s once held before the crypto mining crackdown in China. Hashrates Return Following China’s Crypto Mining Crackdown This Past Summer Last summer at the end of June, a great number of cryptocurrency networks saw their hashrates decline significantly, but today many networks have recovered from the large losses. For instance, the…

The post Crypto Network Hashrates Recover From Summer Slump — Ethereum’s Hashrate Captures All-Time High appeared first on Technology Manias.



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