$85,023.00
0.60%$1,599.06
1.24%$2.08
0.99%$592.17
0.74%$138.61
3.37%$0.999981
-0.00%$0.158817
2.79%$0.241637
-1.31%$0.628778
2.47%$1,596.54
1.17%$84,878.00
0.57%$9.35
1.79%$12.83
1.68%$19.37
1.70%$0.244791
1.65%$3.00
0.74%$0.999801
-0.01%$0.0000122
2.67%$0.166435
0.81%$2.15
2.02%$1,918.56
1.25%$337.41
2.12%$18.16
6.82%$76.16
1.27%$3.72
1.66%$4.45
2.05%$0.999245
-0.14%$0.999253
0.02%$0.642986
5.95%$1,602.66
1.42%$28.02
0.73%$213.05
-1.84%$1,701.06
1.13%$84,943.00
0.55%$5.26
1.51%$51.16
1.46%$0.00000727
2.43%$4.73
2.71%$22.60
0.95%$33.54
-3.92%$0.840806
1.90%$2.10
1.73%$1.048
-0.06%$1.00
0.00%$15.81
3.72%$276.01
8.40%$4.82
2.33%$0.084133
0.31%$0.656206
-0.89%$1.17
0.03%$139.71
0.78%$4.00
-1.54%$0.0234005
2.51%$0.077244
0.68%$4.16
0.21%$4.23
0.04%$84,483.00
0.51%$0.192513
1.14%$8.24
9.61%$0.189876
2.19%$2.49
3.45%$0.999545
0.02%$0.283663
1.09%$0.463349
-1.12%$2.42
1.53%$3.89
1.71%$0.293951
2.41%$0.519725
2.45%$10.05
-0.52%$84,787.00
0.39%$144.75
3.10%$1,361.88
1.48%$0.070817
0.19%$0.669732
2.98%$0.383755
2.93%$3.89
0.78%$1.022
0.46%$0.01610004
7.53%$1,598.83
1.16%$0.623667
0.32%$64.77
-1.68%$1,663.05
1.21%$0.00001215
1.36%$0.605804
2.42%$0.999979
0.04%$0.71507
0.50%$0.170551
1.39%$0.99985
-0.02%$0.999896
-0.06%$0.459008
4.58%$3,351.05
0.20%$14.35
4.77%$0.615971
4.34%$0.999794
-0.01%$8.25
5.48%$3,353.32
0.09%$0.080738
4.41%$1,801.48
1.22%$0.76384
1.25%$84,677.00
1.31%$591.96
0.66%$85,335.00
1.23%$0.685745
18.75%$0.997655
-0.01%$152.76
3.48%$0.01384716
3.43%$2.28
4.32%$0.655114
1.97%$0.263679
3.75%$178.06
3.42%$0.01452634
3.76%$0.701817
1.54%$3.49
2.53%$0.999053
-0.05%$1,699.22
1.25%$0.01847948
3.18%$0.636371
1.69%$0.00000061
1.24%$0.162278
1.67%$0.240231
0.81%$0.100366
-0.51%$1.094
-0.95%$0.370455
3.81%$28.74
1.49%$1.91
3.71%$0.00005687
1.53%$0.503813
1.34%$1.64
3.01%$0.278989
-0.98%$0.417226
6.57%$3.15
2.00%$1,675.36
1.41%$31.41
4.73%$0.138762
1.32%$84,826.00
0.56%$0.997964
-0.05%$0.06694
-1.69%$82,833.00
0.28%$14.28
2.65%$0.999981
-0.00%$1.67
-1.54%$0.999981
-0.00%$0.419184
-0.77%$0.579082
1.78%$2.08
2.87%$84,906.00
0.47%$83,087.00
0.00%$0.00000042
-0.86%$0.00731372
-0.19%$0.440329
0.35%$0.158799
2.79%$0.00442374
-1.22%$1.082
0.85%$0.999038
-0.00%$1,669.78
1.36%$1.15
2.11%$0.401769
3.06%$0.00002019
1.28%$14.21
2.16%$5.58
1.33%$110.75
0.00%$1,699.86
1.33%$84,460.00
0.53%$1,602.26
1.46%$22.86
-0.05%$0.573501
3.69%$2.31
1.62%$3.39
-1.66%$0.125401
1.91%$1.00
0.12%$5.52
5.16%$0.06992
5.40%$0.03617883
5.28%$0.03734082
3.03%$1,598.44
1.24%$0.442588
4.46%$39.49
-0.62%$1.00
0.16%$1,599.32
1.33%$1,597.85
1.28%$0.999941
-0.02%$0.12834
-1.34%$0.189826
2.29%$0.164756
1.40%$0.00005974
1.81%$0.071341
1.51%$0.995358
-0.34%$0.00614226
0.91%$0.999804
0.01%$0.01660106
-0.37%$0.762513
0.78%$0.510883
4.53%$0.270671
-0.51%$0.388132
0.31%$0.03067947
0.28%$0.0047722
-4.04%$0.00354449
0.91%$0.999758
0.05%$0.999852
-0.04%$0.686676
-0.60%$1,613.85
0.52%$108.23
0.16%$3.49
-0.01%$0.295582
1.12%$84,967.00
0.56%$2.45
1.73%$3,232.49
0.00%$0.00000132
5.65%$0.267669
0.05%$1.06
1.24%$0.126728
1.42%$0.03783322
6.38%$0.212757
3.50%$2.75
0.83%$21.17
3.32%$84,817.00
-0.00%$0.999824
-0.01%$1,585.47
1.54%$23.27
9.55%$0.567399
1.07%$0.999887
-0.02%$0.528737
1.10%$0.172129
2.44%$0.418751
1.82%$1,597.66
1.21%$1,689.15
1.09%$0.01180381
0.97%$0.02749019
0.38%$0.465024
1.82%$0.237612
-0.68%$19.35
1.65%$1,706.16
0.63%$0.099585
0.90%$0.00255483
4.09%$2.14
3.60%$0.00037217
-2.11%$0.00248806
7.18%$0.92336
2.00%$1.14
0.27%$0.999854
0.01%$3.34
-8.13%$0.255335
-2.55%$0.086186
0.01%$84,961.00
0.20%$0.632331
0.88%$1,752.67
1.35%$13.02
3.67%$0.999451
-0.01%Reading
The Ethereum hash ratehash rate has set a new record of 250 terahashes per second, according to data from Glassnode. The rate has also jumped by 80% since the beginning of the year.
The hash rates measure the processing power of a blockchain. The Ethereum hash rate measures the sum of total miners currently active on the network, and, as decentralized finance (DeFi) continues to grow, the Ethereum network’s hash rate is breaking record highs.
“Ethereum miners have pushed the hash rate to a new record in high in the wake of the DeFi hype and surging fees,” Glassnode tweeted.
🚨 #Ethereum hash rate hits an ATH.
Ethereum miners have pushed the hash rate to a new record high in the wake of the #DeFi hype and surging fees.
It crossed 250T/s and is now up 80% since the beginning of the year.
Live chart: https://t.co/tDWUOcGLSV pic.twitter.com/x9vNicblrA
— glassnode (@glassnode) October 6, 2020
According to the data, the Ethereum hash rate’s previous high was approximately 246 terahashes per second, hitting this figure on August 9, 2018. But now, the has rate has broken the 250 mark.
It has been a good year for the Ethereum hash rate. Starting the year at about 144 terahashes per second, the 200 terahashes per second mark was broken in August of this year, before steadily rising to these unprecedented heights.
Much of this success is credited to the rising success of the DeFi industry. “The Ethereum network is going from strength to strength, with the recent increase of DeFi related activity, network usage is at all-time highs,” said Charles Storry, co-founder of PhutureDAO.
The People’s Bank of China (PBoC) has processed over three million transactions—worth 1.1 billion yuan ($162 million) as part of its trial of the DCEP (Digital Currency, Electronic Payment), its pilot for a central bank digital currency (CBDC). Speaking at virtual conference Sibos 2020 on Monday, the PBoC’s deputy governor Fan Yi Fei noted that, “An aggregate of 113,300 personal digital wallets and 8,859 corporate digital wallets have been opened […] up until late August.” Join Fan Yi Fei, Depu...
This is also good news for the security of the network. A 51% attack on a blockchain is when a group of miners take over the network and can censor transactions. But to do this, they have to control more than half the hash rate. The higher the hash rate—the safer the network is.
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: Reading tea leaves during Circle and eToro quiet periods, Bitcoin miners selling a lot of Bitcoin, and Semler Scientific offering securities to raise cash to buy Bitcoin to secure a loan to pay the DOJ. It’s oh so quiet There was a jolt of excitement this week when USDC stablecoin issuer Circle told Decrypt the company is in a mandatory quiet period on account of having filed their S-1 a...
Kraken has reorganized its staff across multiple departments in recent months as part of a strategic move before its planned initial public offering next year. A Kraken spokesperson told Decrypt that the company continuously evaluates its workforce to ensure it aligns with its strategic priorities. “We’re approaching this with discipline and intention, making the difficult decision to eliminate certain roles and consolidate teams where redundancies exist, while continuing to hire in key areas of...
eXch crypto exchange will shut down operations on May 1 following links to the $1.4 billion Bybit hack and an "active transatlantic operation," the team said Thursday. eXch is a privacy-focused crypto exchange known for operating without typical KYC, or know-your-customer) requirementsThe closure comes amid mounting allegations that eXch was complicit in the $1.4 billion Bybit hack in February, allegedly facilitating money laundered by North Korea's Lazarus hacker ring. The exchange cited an "ac...
