Ethereum’s hash rate hits 1 Petahash record because ETH’s mining profitability is still high – Bitcoin Mining News

Ethereum’s hash rate hits 1 Petahash record because ETH’s mining profitability is still high – Bitcoin Mining News

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Twenty days ago, Ethereum network participants upgraded the protocol and implemented the Arrow Glacier upgrade. This move delayed the transition of Ethereum’s “Ice Age” Proof of Stake (PoS) for six months. This week, the network’s hash rate hit a record high. For the first time, statistics in the six-month range indicate that Ethereum’s computing power exceeds 1 petahash per second (PH/s).

Ethereum hash rate reaches 1 Petahash

Ethereum (ETH) Since the 1.5 gigahash per second (GH/s) ASIC equipment manufactured by Innosilicon generates approximately US$84 per day, the miners made a profit at the end of the year. On December 27th, Ethereum’s network hash rate slipped at a speed of 992.59 tera hashes per second (TH/s). EthereumThe computing power has been running, and statistics within six months show that the network has reached a high of 1.0122 PH/s.

As the mining profitability of ETH remains high, the hash rate of Ethereum hit a record 1 Petahash

1 petahash or 1,000 TH/s is much higher than the 1.51 TH/s dedicated to the Ethereum network on March 21, 2016. Since the first record of computing power that day to today’s Ethereum computing power, an increase of 66,125%. This means that 1,000 top 1.5 GH/s machines are required to process the Ethereum network at the earliest. Today’s network is close to 1 PH/s. If every miner uses 1.5 GH/s equipment, then 1 million machines are needed today to power Ethereum.

Ethermine and F2pool control 41% of Ethereum’s computing power. Innosilicon A11 Pro is the most profitable Ethereum mining machine

Ethereum’s largest miner today is ethermine.org with 282.63 TH/s, followed by F2pool with 134.81 TH/s. The Poolin command is 103.57 TH/s, Hiveon is 93.32 TH/s, and Flexpool today is about 46.17 TH/s.Today, Ethereum’s computing power percentage on Nicehash is 46.17 TH/s, 2miners is 36.86 TH/s, Antpool will contribute 33.40 TH/s to Ethereum The internet. As of December 27, 2021, there will be approximately 61 pools dedicated to hashing on the Ethereum network.

The most profitable Ethereum (Ethereum) Today’s miner is Innosilicon’s A11 Pro Ethereum 1,500 megahash (MH/s) units, using today’s US$0.12 per kilowatt hour (kWh), you can earn about US$84 per day Ethereum exchange rate. Innosilicon’s A10 Pro+ Ethereum 750 (MH/s) mining machine is the second most profitable Ethereum The miner uses the same rate to earn approximately $41.78 per day. The 1.5 GH/s ether mining equipment is also better than today’s most profitable Bitcoin (Bitcoin) Miners.

Tags in this story

1 petahash, 1000 too hash, 2 miners, 61 swimming pools, Ant pond, Ether miner, Ethereum mining, Ethereum (ETH), Ethereum mining, Ethereum, F2Pool, Elastic pool, Giga hash, honeycomb, Super hash, mining, Mining Ethereum, Mining ether, Mining Ethereum (ETH), Mining pool, Nice hash, billiards

How do you think the hash rate of the Ethereum network has hit a record high? Please tell us your thoughts on this topic in the comments section below.

Jamie Redman

Jamie Redman is the head of news at Bitcoin.com News and a fintech reporter living in Florida. Since 2011, Redman has been an active member of the cryptocurrency community. He is passionate about Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 5,000 articles about destructive protocols emerging today for Bitcoin.com News.




Image Source: Shutterstock, Pixabay, Wiki Commons, coinwarz,

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