Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High – Mining Bitcoin News

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For the first time, statistics within the six-month range indicate Ethereum’s hashrate surpassed 1 petahash per second (PH/s). CryptoMining

Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High

20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake transition for another six months and this week, the network’s hashrate tapped all-time highs. For the first time, statistics within the six-month range indicate Ethereum’s hashrate surpassed 1 petahash per second .miners are making profits at the end of the year as a 1.

1 petahash or 1,000 TH/s is a lot more than the 1.51 TH/s dedicated to the Ethereum network on March 21, 2016. That’s an increase of 66,125% since the first recorded hashrate on that day up until today’s Ethereum hashrate. This means it would take 1,000 top-of-the-line 1.5 GH/s machines to process the Ethereum network in the earliest days. With the network close to 1 PH/s today, and if every miner used a 1.5 GH/s device, 1 million machines would be needed to power Ethereum today.

Ethermine, F2pool Command 41% of Ethereum’s Hashrate, Innosilicon A11 Pro the Most Profitable Ether Mining Device Ethereum’s biggest miner today is ethermine.org with 282.63 TH/s followed by F2pool at 134.81 TH/s. Poolin commands 103.57 TH/s, Hiveon has 93.32 TH/s, and Flexpool has around 46.17 TH/s today. Ethereum’s percentage of hashrate on Nicehash is 46.17 TH/s today, 2miners has 36.86 TH/s, and Antpool is dedicating 33.40 TH/s to theThe most profitable ethereum (

 

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