20 days ago, a poll was shared on Twitter asking miners where they planned to dedicate their hashrate, after The Merge transitions Ethereum into a proof-of-stake (PoS) blockchain. The proof-of-work (PoW) contenders at the time were tokens like ravencoin, ergo, flux, and ethereum classic. When the poll concluded, flux and ravencoin outpaced the pack in votes, but reality shows ethereum classic has been the main beneficiary of hashrate so far.
Twitter Poll With More Than 10,000 Votes Chooses Flux, While Ethereum Classic Ends up Reaping the Benefits Stemming From The Merge
Ethereum Classic (ETC) is gathering most of the hashrate leaving Ethereum (ETH) as there are only four days left until The Merge. According to metrics recorded by 2miners.com, ETC’s hashrate reached an all-time high on September 8, 2022, tapping 53.29 terahash per second (TH/s).
Ethereum’s hashrate has dropped below the 900 TH/s region and at the time of writing, the network hashrate is 883.78 TH/s. On August 20,...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...