Ethereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge – Mining Bitcoin News

Ethereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge – Mining Bitcoin News

While the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system, the network’s hashrate reached an all-time high (ATH) on April 7, 2022. On Thursday, Ethereum’s hashrate reached a high of 1.131 petahash per second (PH/s), jumping 13% in 89 days.

Ethereum’s Hashrate Climbs 13% Higher Since the First Week of January

The Ethereum blockchain is expected to transition into a full proof-of-stake (PoS) network this…


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