$117,987.00
0.27%$3,805.48
1.38%$3.14
0.88%$809.79
-1.43%$181.88
0.08%$0.9998
0.01%$3,801.54
1.66%$0.225113
0.44%$0.338524
5.12%$0.787716
0.53%$4,602.38
1.59%$117,933.00
0.36%$43.23
-0.26%$0.422606
1.45%$3.80
-2.65%$17.89
-0.51%$4,067.54
0.48%$570.51
-1.35%$0.263795
-0.91%$4,075.72
1.59%$24.44
-0.46%$3,805.51
1.68%$109.26
0.95%$8.96
-0.07%$3.36
5.07%$1.001
0.21%$0.00001314
-0.78%$0.999713
0.01%$1.00
-0.67%$117,984.00
0.35%$44.10
0.51%$10.45
1.54%$3.91
-0.58%$316.28
-0.81%$4.54
-0.19%$0.00001155
-2.26%$0.144891
2.91%$1.19
0.02%$283.41
-0.87%$0.58395
-3.82%$382.89
-3.62%$2.73
1.18%$21.87
0.75%$0.42677
-2.21%$4.58
-0.60%$0.956943
-2.04%$5.47
-0.16%$221.97
0.26%$48.03
-1.14%$0.76957
-2.04%$0.095952
-0.48%$1.00
0.00%$0.03779754
-4.13%$3,811.00
0.87%$0.26196
0.60%$0.00002891
-9.10%$0.999065
-0.16%$0.424198
-0.11%$0.0252896
3.57%$4.58
0.27%$17.63
-1.20%$3.92
-2.24%$0.221825
-1.30%$4.58
-0.38%$1.079
-2.18%$9.50
-0.58%$0.710634
0.20%$1.99
-3.81%$0.318423
0.58%$0.086182
-3.37%$193.81
0.10%$1.061
0.02%$4,338.62
1.86%$2.58
0.01%$120.94
-0.15%$0.02467458
2.03%$3,987.89
1.56%$5.70
3.97%$117,703.00
-0.27%$5.06
0.24%$0.099816
11.77%$0.537967
-0.21%$11.36
-0.93%$0.999675
0.00%$4,022.01
0.96%$4,069.84
1.45%$4,113.30
1.76%$14.10
-1.07%$0.992646
0.32%$1.001
0.15%$1.86
-1.05%$0.996696
0.16%$1.32
0.32%$0.721262
-1.19%$4,005.49
1.68%$0.777518
-0.14%$0.99956
-0.03%$0.999534
0.01%$118,159.00
0.35%$0.00011615
-2.87%$1.097
-2.75%$204.69
0.30%$810.48
-1.81%$0.206582
7.61%$0.555505
1.07%$0.101874
0.82%$1.00
-0.37%$0.3077
-0.42%$2.87
-2.36%$0.987354
-3.02%$0.0027552
15.20%$28.60
2.03%$0.999891
0.00%$3,337.66
0.29%$117,778.00
0.26%$238.81
0.43%$1.043
-0.72%$0.159774
1.02%$0.355735
2.03%$120,697.00
2.35%$1.11
0.16%$1.38
-5.14%$0.853244
-3.15%$3,794.75
1.66%$0.542583
0.52%$0.853028
0.49%$3,332.04
0.65%$3,802.47
1.45%$3.04
-0.01%$4,068.63
1.38%$3,989.53
1.33%$0.202512
0.97%$0.01604407
-0.54%$0.01678664
0.56%$4.42
1.24%$0.126248
-0.20%$0.295046
0.30%$0.825946
-1.03%$111.98
0.01%$0.0000007
1.88%$1.91
0.65%$1.08
0.24%$0.99871
-0.04%$117,643.00
0.28%$3,806.36
1.89%$40.63
1.71%$0.394872
1.49%$0.00852155
-0.39%$3.21
-5.75%$4,047.47
1.20%$0.425118
-4.03%$0.997526
-0.01%$1.80
4.20%$0.225683
0.22%$0.301276
0.86%$0.999558
-0.01%$118,014.00
0.27%$0.343758
9.95%$0.999564
0.02%$0.00000144
-0.58%$0.470027
-6.57%$3,804.88
1.54%$116,918.00
-0.69%$27.86
-0.83%$4,197.62
1.67%$0.01584156
2.60%$0.076051
-0.23%$0.538384
0.03%$0.539927
17.31%$0.052668
-1.44%$4,167.90
1.54%$1.23
2.11%$1.19
4.86%$0.00850282
3.29%$1.41
0.34%$0.99667
-0.18%$7.53
2.48%$0.613897
1.49%$0.00533055
-3.92%$0.00000049
2.61%$6.50
3.37%$0.127303
0.65%$3,741.84
0.18%$1.16
-0.01%$43.39
-0.02%$0.00519002
15.87%$0.379231
-2.94%$47.66
-0.50%$0.593205
0.17%$3,804.10
1.54%$0.0000218
-0.65%$15.18
-1.24%$0.02263306
12.08%$0.939566
-7.69%$7.35
0.52%$0.387274
-0.57%$4,605.71
1.19%$14.10
0.05%$1.31
2.06%$0.165707
-3.65%$0.05691
2.61%$0.999804
0.00%$1.095
-0.00%$0.999443
0.13%$2.42
0.21%$0.0412655
1.16%$0.999813
0.08%$0.99989
0.03%$10.77
0.03%$0.00000094
-0.68%$0.00765915
-1.27%$4.89
-21.18%$24.41
-0.59%$0.081894
1.33%$0.18346
-0.74%$29.69
-0.89%$0.547514
0.44%$117,849.00
0.10%$199.18
0.19%$0.834213
0.05%$0.269182
1.51%$0.03529783
4.88%$0.368981
-0.89%$0.03758638
3.10%$22.43
0.59%$0.140872
0.42%$0.541338
0.68%$4.37
-14.42%$1.29
-1.56%$116,129.00
-0.54%$133.76
-2.75%$43.23
-0.04%$117,829.00
0.20%$0.00006022
0.29%$0.00000275
19.94%$0.00334963
0.76%$3,991.66
1.35%$0.33873
-0.86%$0.794347
-0.12%$4,282.98
0.46%$0.714859
-1.11%$0.00475415
-1.18%$0.221517
-1.57%$0.00372938
-0.46%$1.001
-0.44%$0.999812
0.02%$1.27
0.47%$0.997952
0.05%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.
The U.S. Securities and Exchange Commission acknowledged Nasdaq’s proposal on Tuesday to accommodate staking for BlackRock’s spot Ethereum exchange-traded fund, signaling that the regulator could approve of the highly-anticipated rule change in the coming months. If the proposal is approved, the world’s largest asset manager would be able to participate in Ethereum’s proof-of-stake consensus model using its ETFs’ funds, while also passing along those rewards to its shareholders, according to a f...
It's taken Ethereum treasury companies only two months to buy up 1% of all the ETH in circulation. In fact, at the time of writing, total ETH strategic reserves are worth nearly $9 billion and are already teetering on accounting for 2% of the total supply, according to Strategic ETH Reserve. That's got Geoff Kendrick, global head of digital assets research at Standard Chartered, optimistic that the category will grow tenfold. "If the flows can continue, ETH may be able to break above the key $4,...
Ethereum layer-2 network Linea wants to become the best place for ETH ecosystem capital in the future. And to further that aim, the network’s builders shared plans to launch a LINEA token for the chain with an associated ecosystem fund. Linea creator Consensys said its plan revolves around a commitment to the Ethereum base layer with new ecosystem mechanics like native yield on bridged ETH and ETH burns. (Disclosure: Consensys is one of 22 investors in an editorially independent Decrypt.) It als...
