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.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
CoinCu News
KAI
The crypto scene is constantly evolving, and certain currencies show significant promise for the upcoming…
While some altcoins like PEPE, XRP, ONDO, and PYTH may not show significant short-term growth,…
Ripple Trading Volume Increases 40% Quarterly Amid Ongoing SEC Lawsuit
Notcoin first campaigns will be launched next week, offering rewards but cautioning against unstaking.
LayerZero Labs wraps up LayerZero sybil self-report and identifies 803,093 potential fraudulent addresses.
The Coinbase outage was attributed to an error in the Coinbase Card reward service, causing…
This website uses cookies.