Ethereum (ETH) Hashrate Hits New All-Time High despite Strong Market Correction - BitcoinEthereumNews.com
Ethereumमजबूत बाजार सुधार के बावजूद इथेरियम (ETH) हैशरेट नई ऐतिहासिक ऊंचाई पर पहुंच गया05 / 16 / 2022बिटकॉइन एथेरियम समाचार Ethereum miners and mining pools continue to mint money despite strong price corrections. The Ethereum (ETH) hashrate has surged to new highs at the block height of 14,770,231. Last week, the broader cryptocurrency market entered a major correction following the collapse of the Terra blockchain. The market correction eroded nearly $250 billion dollars of investors‘ wealth in a matter of a single week. The world’s second-largest cryptocurrency Ethereum (ETH) also faced the heat of the heavy market sell-off. Ether (ETH) is already trading down by more than 16% on the weekly chart at a price of $2,072 and a market cap of $250 billion. Despite all the heavy sell-off and the market turmoil, the ETH hashrate touched an all-time high last week on May 13. The hashrate peaked at the block height of 14,770,231. It shows that Proof-of-Work (PoW) miners on Ethereum are working hard just before the upcoming Merge. On May 13, the Ethereum (ETH) network hashrate touched a high of 127 petahash per second (PH/s). However, it has cooled down since then and is currently operating at 1.2 PH/s. Ethereum (ETH) Skyrocketing Hashrate Ethereum‘s