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Ethereum Hashrate Hits New ATH, While New Investors Inflow Network

Sat, 06/04/2022 - 20:00
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Yuri Molchan
Ethereum hashrate has reached another record peak, while new investors keep coming in
Ethereum Hashrate Hits New ATH, While New Investors Inflow Network
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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.

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.

ADA Goes Up As Whales Start Accumulating on The Dip

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

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at