Ethereum’s Digging Difficulty Achieves New ATH

Ethereum’s mining difficulty has peaked at another record while new investors continue to participate.

Glassnode has reported that Ethereum mining difficulty has continued to increase, rising to an all-time new high of 1,255,783,319,785,900 H/s.

According to the chart from coinwarz, this is a reasonably significant increase as ETH excavation difficulty increased from 1.138 PH/s to 1.2995 PH/s as of Friday, June 3.

Therefore, Ethereum mining difficulty also surged, reaching 5,703,436,743,435,700. The mining difficulty increases after a large number of new miners jump in.

At the same time, Glassnode has reported that the number of small-scale investors – wallets containing more than 1 ETH – has increased to reach the new ATH of 1,484,710.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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KAI