Ethereum Hashrate Hits New ATH, While New Investors Inflow Network


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Yuri Molchan

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Ethereum hashrate has reached another record peak, while new investors keep coming in

Glassnode analytics agency has reported that Ethereum hashrate has made seen another increase, rising to a new all-time high of 1,255,783,319,785,900 H/s.

According to a chart from coinwarz, this is quite a substantial rise as ETH hashrate surged from 1.1838 PH/s to 1.2995 PH/s since Friday, June 3.

Therefore, Ethereum mining difficulty has also spiked, reaching 5,703,436,743,435,700. Mining difficulty rises once in a while after an inflow of new miners who come after profits to make it harder for them to solve mning problems.

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At the same time, Glassnode has reported that the amount of small-size investors – wallets that hold more than 1 ETH – has increased to reach a new historic peak of 1,484,710.

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As of this writing, the second largest cryptocurrency is changing hands at $1,765, per data provided by CoinMarketCap.




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