Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
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.
? #Ethereum $ETH Mining Difficulty just reached an ATH of 15,703,436,743,435,700
— glassnode alerts (@glassnodealerts) June 4, 2022
Previous ATH of 15,226,655,647,543,800 was observed on 30 May 2022
View metric:https://t.co/s9t4z9o8ba pic.twitter.com/kCJkx62yJv
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.
? #Ethereum $ETH Number of Addresses Holding 1+ Coins just reached an ATH of 1,484,710
— glassnode alerts (@glassnodealerts) June 4, 2022
View metric:https://t.co/IuKpD48IXd pic.twitter.com/tH6dC1yapN
Yuri MolchanAs of this writing, the second largest cryptocurrency is changing hands at $1,765, per data provided by CoinMarketCap.
Tomiwabold Olajide
Arman Shirinyan
Dan Burgin
Alex Dovbnya
Vladislav Sopov