$103,990.00
0.53%$2,521.23
1.51%$2.40
1.15%$647.61
1.00%$171.41
1.89%$0.99986
-0.00%$0.2247
4.04%$0.762275
-1.22%$0.272927
1.68%$2,519.98
1.53%$103,886.00
0.38%$3.84
1.27%$3,033.32
1.40%$15.84
3.06%$23.28
2.20%$0.292383
1.05%$27.04
1.41%$0.00001479
4.17%$0.195292
0.91%$8.71
-2.59%$400.93
1.46%$3.12
1.84%$98.88
-1.58%$4.79
1.77%$0.999872
0.01%$2,523.54
1.56%$343.99
1.60%$5.18
3.69%$2,691.12
1.28%$0.999733
0.01%$0.00001327
7.13%$0.755149
9.75%$1.001
-0.00%$104,072.00
0.53%$30.27
0.37%$432.01
3.21%$6.03
2.74%$227.48
0.67%$2.81
1.87%$5.25
3.10%$53.21
0.17%$206.27
2.17%$0.943926
2.27%$0.099289
1.10%$0.113045
-0.93%$1.00
0.00%$5.31
2.01%$18.57
1.74%$35.05
1.07%$21.66
0.76%$13.11
4.80%$0.737659
0.70%$0.02870964
3.15%$4.69
3.28%$1.17
-0.02%$1.052
-0.01%$0.384086
3.46%$4.83
1.54%$1.00
0.00%$0.240211
3.78%$103,564.00
0.22%$0.778063
3.90%$2.91
3.81%$0.397189
5.60%$0.223535
2.34%$4.40
0.16%$2.70
2.62%$1.14
6.11%$0.512078
0.75%$4.57
1.11%$0.00002032
8.75%$2,520.98
1.68%$1.00
0.43%$0.515485
6.33%$1,784.27
2.07%$180.41
1.88%$11.58
-2.52%$2,633.96
1.16%$94.99
3.06%$4.87
5.30%$0.872364
1.27%$1.29
9.68%$1.27
0.44%$0.01922827
-0.35%$0.232604
3.11%$0.671954
6.98%$0.80426
0.38%$0.728844
5.18%$12.25
5.80%$1.83
8.52%$2,862.43
1.46%$0.072957
3.79%$1.001
-0.09%$103,701.00
0.33%$0.111552
4.23%$1.052
11.70%$0.00009879
8.60%$2,685.58
1.30%$0.696487
1.57%$3.22
1.15%$221.82
2.31%$647.52
0.95%$0.99958
-0.00%$0.999587
-0.00%$0.895721
5.31%$190.02
1.92%$0.01971575
5.90%$0.01785256
3.62%$0.952525
1.70%$103,829.00
0.42%$0.01300649
6.34%$0.654281
0.57%$0.810152
-1.11%$104,376.00
0.55%$2,644.07
1.50%$1.00
-0.01%$3,207.34
-0.06%$103,128.00
1.34%$0.226739
4.54%$0.315352
2.83%$3,219.56
0.06%$2.25
3.43%$4.07
2.71%$22.33
3.46%$0.074447
14.06%$12.90
-1.02%$0.00000074
2.08%$36.21
1.94%$2,638.12
1.54%$0.118988
2.87%$0.02006965
7.52%$41.06
2.92%$0.415382
1.82%$0.628051
1.95%$4.01
0.79%$0.697061
4.28%$0.997675
-0.01%$1.95
4.74%$0.337122
3.01%$0.999378
0.07%$1.77
4.64%$2.08
0.30%$1.11
1.20%$111.09
0.00%$2.10
9.34%$0.159607
3.12%$0.224477
4.22%$2,519.16
1.39%$2,518.85
1.80%$0.999901
0.00%$0.662446
9.09%$18.76
2.19%$0.643189
1.04%$103,943.00
0.57%$2,689.34
1.36%$0.443691
0.69%$2,568.70
1.63%$0.657634
5.51%$0.00887411
3.99%$7.59
5.12%$0.159455
7.13%$0.999006
-0.01%$0.192183
4.91%$3.03
4.67%$103,653.00
0.21%$0.053109
12.76%$2,525.08
1.60%$0.00514048
-0.39%$0.9999
0.00%$6.65
1.95%$0.065156
-1.45%$0.090649
3.91%$0.468383
8.05%$0.00002299
1.62%$101,806.00
0.65%$0.181957
2.72%$0.099036
6.35%$0.418075
0.97%$1.39
6.98%$0.449328
-2.82%$0.00000044
0.81%$0.667556
3.70%$2,522.83
1.84%$0.04439158
3.74%$1.60
2.58%$1.75
-3.19%$0.00806298
5.04%$0.178557
4.80%$0.00000106
7.74%$0.15719
3.24%$1.087
0.00%$1.35
12.22%$0.999164
-0.36%$0.377448
14.57%$44.75
3.21%$1.00
-0.00%$1.002
0.10%$103,484.00
0.95%$1.57
4.01%$0.239969
3.60%$3.22
4.05%$0.0045318
4.85%$0.392048
5.40%$0.01954725
2.69%$0.999725
-0.00%$33.95
-0.11%$2,672.94
1.34%$0.0036704
17.60%$0.00529893
6.08%$1.001
0.03%$0.383307
2.38%$27.08
1.36%$0.358214
24.30%$0.03578684
0.83%$133.97
1.53%$0.848659
2.21%$0.77347
5.17%$0.0000017
1.78%$2,766.63
1.49%$0.00006306
3.15%$3.79
20.82%$20.60
-0.11%$1.099
-0.10%$2,751.83
1.65%$103,885.00
0.63%$0.999421
-0.01%$0.29089
8.76%$0.259187
4.48%$19.34
4.90%$0.70398
3.80%$0.999817
-0.01%$2,522.22
1.91%$1.00
0.01%$23.29
2.64%$0.224648
3.25%$2,522.98
1.61%$2,718.41
1.77%$0.00340103
7.47%$2.71
4.81%$27.06
1.38%$0.00292112
11.55%$0.00070272
0.70%$0.501314
3.59%$23.61
2.53%$0.00
7.90%$0.681391
8.02%$0.576506
2.63%$0.830362
5.59%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.
Publicly traded Brazilian fintech company Méliuz has dubbed itself the South American's first Bitcoin treasury company after spending over $28 million on the cryptocurrency. Méliuz, a Brazilian household name that offers customers cashback coupons and trades on the country's oldest stock exchange (B3: CASH3), first announced its plans to buy Bitcoin in March, sending its stock soaring. And on Friday, after announcing it had snapped up 274.52 BTC for $28.4 billion, at an average price of $101,7...
Ukraine may be planning a strategic state crypto reserve, according to reports by local media. If it follows through, it would potentially join nations like El Salvador, Bhutan, and the U.S.—who all already have reserves. Yaroslav Zhelezniak, the country’s first deputy chairman of its Committee on Finance, Tax and Customs Policy, told local crypto publication Incrypted that he plans to submit a new bill for approval “in the near future,” claiming the bill is in the finalization stage. Kirill Kho...
A growing number of companies are launching Solana tokens as a way to circumvent traditional fundraising methods. Tokens linked to these companies are hitting market capitalizations in the millions or even tens of millions—despite growing concern that many of their products are “vaporware.” “Internet capital markets is itself a powerful meme, and it’s among the most significant and OG meta-narratives and use cases for crypto,” Alon Cohen, co-founder of Pump.fun, told Decrypt. “In principle, it r...
