$87,014.00
2.91%$1,572.58
-0.49%$2.08
0.85%$596.91
1.37%$135.61
-0.56%$0.999936
0.00%$0.157214
1.98%$0.244898
-0.75%$0.620268
0.77%$1,571.93
-0.43%$86,968.00
2.98%$9.14
-2.05%$20.04
3.21%$13.05
-2.04%$0.252952
4.49%$2.91
-2.78%$0.00001237
-0.80%$0.999918
-0.00%$0.16925
2.33%$2.18
4.03%$346.25
3.21%$1,886.32
-0.50%$77.88
1.00%$17.65
0.66%$3.82
-1.70%$4.44
1.20%$1.001
0.08%$0.999474
-0.00%$0.633455
-0.42%$1,572.28
-0.46%$28.20
0.88%$215.32
-0.66%$87,029.00
2.87%$1,674.67
-0.57%$0.00000774
2.30%$5.25
-0.05%$4.99
-0.85%$50.97
1.03%$22.89
2.17%$2.24
0.62%$0.84986
2.23%$306.79
-3.24%$32.74
-0.62%$1.048
0.04%$1.00
0.00%$15.71
-1.64%$4.80
-1.22%$0.082201
-0.43%$0.665861
0.90%$4.29
0.01%$0.083689
8.28%$140.02
0.52%$1.17
0.05%$0.0236917
0.63%$4.15
-0.19%$4.23
0.03%$86,837.00
3.24%$0.199845
5.06%$2.63
-1.46%$0.192652
-0.64%$8.23
1.46%$0.997973
-0.00%$0.286814
0.09%$0.59675
-1.52%$2.55
3.86%$0.452425
-2.49%$0.301428
-0.16%$3.86
0.05%$87,003.00
3.12%$9.80
0.87%$0.709201
-0.60%$141.26
-0.91%$0.398778
2.15%$1,344.29
-0.28%$0.071521
-0.47%$0.708207
13.34%$1.03
-0.24%$0.01595601
-1.22%$0.771133
-0.81%$3.68
-0.89%$66.54
-0.23%$0.633921
-4.15%$1,573.31
-0.49%$0.00001234
0.54%$1,638.20
-0.42%$0.176625
3.60%$1.00
0.04%$0.882727
7.39%$0.470732
-1.32%$3,448.91
2.99%$1.001
0.06%$0.99983
-0.01%$8.63
2.73%$1.00
0.03%$14.29
-4.68%$0.083362
0.65%$3,449.16
2.96%$597.40
1.43%$0.582971
-2.36%$1,770.56
-0.48%$86,686.00
3.54%$0.01586167
1.97%$86,766.00
2.79%$0.01422238
-2.54%$0.997724
-0.02%$0.670234
-0.93%$0.273201
1.50%$149.56
-0.59%$2.24
4.48%$0.715397
0.31%$0.636142
-2.70%$174.33
-0.66%$0.107511
4.95%$0.999118
0.05%$0.167793
1.40%$3.39
-0.92%$1,671.43
-0.50%$0.00000061
0.32%$1.11
0.15%$0.371931
-0.29%$28.96
0.72%$1.95
0.89%$0.01727107
-1.53%$86,658.00
2.95%$0.301485
6.16%$0.00005806
0.44%$0.221741
-0.07%$1.67
0.87%$0.421429
2.42%$0.501508
2.08%$3.22
4.75%$31.86
3.16%$0.139931
-3.15%$0.529087
-5.29%$1,644.10
-0.58%$0.00539407
12.04%$0.998109
-0.01%$14.71
2.20%$0.067814
4.28%$0.999892
-0.00%$0.999892
-0.00%$0.595921
0.61%$88,321.00
-0.11%$83,469.00
0.94%$1.63
-4.52%$0.00791357
7.66%$0.411511
-0.41%$2.11
-1.85%$86,922.00
2.78%$0.432936
1.50%$1.22
3.48%$0.00000042
-1.01%$0.00002057
0.96%$1.084
-0.01%$0.997909
-0.03%$0.434499
3.48%$0.157184
1.94%$1,641.24
-0.50%$14.09
-0.95%$5.58
-0.30%$0.135446
1.67%$86,761.00
3.14%$110.75
0.00%$1,571.03
-0.50%$3.44
2.24%$0.467011
-0.38%$5.69
2.23%$0.072536
2.10%$2.30
0.11%$0.568919
1.78%$1,573.06
-0.44%$21.89
-1.51%$39.93
-0.19%$0.999618
-0.02%$0.03731756
-0.18%$1.00
0.03%$0.077392
1.52%$1.001
0.24%$0.03521154
3.27%$1,572.48
-0.45%$0.199856
5.09%$0.171786
2.95%$1,571.41
-0.52%$1,672.57
-0.43%$0.006432
3.41%$0.00006133
0.83%$0.0171073
0.79%$0.777418
0.55%$1.001
0.24%$0.517472
3.57%$0.999625
-0.03%$0.393844
-1.36%$0.270635
0.92%$0.119825
-5.53%$0.00500053
0.35%$0.00366487
2.17%$0.03107662
0.40%$0.718272
2.11%$0.998646
-0.13%$0.303742
2.22%$0.138197
1.68%$1,595.41
0.12%$0.998487
-0.13%$86,891.00
2.77%$2.51
0.21%$3.43
5.75%$106.17
-0.58%$3,232.49
0.00%$1.098
3.97%$24.38
5.40%$0.217705
1.27%$0.00000131
-3.24%$0.26531
0.53%$85,478.00
1.67%$2.75
0.38%$21.09
-0.98%$0.568031
2.19%$1,554.57
-0.35%$0.551442
2.79%$0.0358274
-1.55%$0.00041593
3.32%$0.246019
8.96%$0.175785
1.17%$1.00
0.02%$0.247786
-0.91%$0.999868
-0.01%$0.103495
1.69%$0.419417
3.35%$0.02789578
2.57%$0.472872
0.38%$1,747.14
2.89%$0.01186917
-0.08%$20.03
3.35%$1,572.64
-0.49%$1,662.53
-0.53%$13.90
1.98%$1.40
26.98%$0.00253918
0.50%$3.45
0.70%$0.660468
2.44%$1.095
0.00%$0.00480457
5.23%$2.10
0.94%$1.15
1.26%$0.999803
0.00%$0.087999
7.22%$86,650.00
1.84%$0.00245112
5.53%Reading
Ethereum’s mining difficulty today hit a two-year high.
Mining difficulty on the Ethereum blockchain jumped to 3,650 terahashes at around 11:15 UTC today, its second-highest level ever, data from market analytics firm Glassnode shows.
📈 #Ethereum $ETH Mining Difficulty just reached a 2-year high of 3,635,516,716,467,760
Previous 2-year high of 3,596,282,352,582,610 was observed on 15 November 2020
View metric:https://t.co/s9t4z9o8ba pic.twitter.com/bVI8pYJyZ8
— glassnode alerts (@glassnodealerts) November 21, 2020
By a hair. On August 9, 2018, Ethereum’s mining difficulty hit its all-time high of 3,651 terahashes, according to Glassnode.
Ethereum’s mining difficulty measures how hard it is to mine blocks on the Ethereum blockchain. Mining blocks are required to process Ethereum transactions.
The mining difficulty is determined by the number of active miners on the network. An increase in miners’ computational power pushes up the difficulty; this ensures the blocks are not generated at a disproportionately quick pace.
Ethereum’s mining difficulty has been increasing all year but took off at the end of August when this summer’s decentralized finance (DeFi) boom had its last hurrah. Investors plugged billions into Ethereum-based decentralized exchanges and money markets, resulting in a surge of activity in the Ethereum network.
The latest mining difficulty increase follows Ethereum’s booming price, which broke above $500 for the first time since the summer of 2018 and has been rising for months.
Perhaps Ethereum even has Bitcoin to thank. Bitcoin, the largest cryptocurrency by market cap, has increased in price by about $8,000 since the start of October, when its price was about $10,500.
Bitcoin’s mining difficulty tracks Ethereum’s, although Bitcoin’s mining difficulty is far, far higher, at 134.57 EH/s. An exahash is one quintillion hashes per second.
Earlier this month, Decrypt reported that Bitcoin’s mining difficulty recorded the second-largest adjustment in its 12-year history, when it fell by approximately -16%.
But Bitcoin miners have a long way to fall until Ethereum miners overtake them.
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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...
