Ethereum hash rate sets all-time high as price surges

Ethereum hash rate sets all-time high as price surges

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Ethereum’s hash rate — or the blockchain network’s computing power used to mine ether (ETH) — continues to rise and now has hit a new all-time high.

The current Ethereum hash rate stands at about 747 TH/s (terahashes per second), according to The Block’s Data Dashboard. It was around 465 TH/s in July when it hit a low. Since July, the hash rate has rebounded significantly.

Several factors appear to have contributed to the hash rate increase, including continuous growth…


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