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Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low

Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month LowOn Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022. Ethereum Fees […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Ethereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge

Ethereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The MergeWhile the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system, the network’s hashrate reached an all-time high (ATH) on April 7, 2022. On Thursday, Ethereum’s hashrate reached a high of 1.131 petahash per second (PH/s), jumping 13% in 89 days. Ethereum’s Hashrate Climbs 13% Higher […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

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

Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High20 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 (PoS) 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 (PH/s). […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Ether Hashrate Climbs to New Heights, Reports Say a 2,000 Megahash ETH Miner Set to Drop This Summer

Ether Hashrate Climbs to New Heights, Reports Say a 2,000 Megahash ETH Miner Set to Drop This SummerIn December 2020, the mining rig manufacturer Innosilicon released a new ethereum miner called the Innosilicon A10 Pro+, which processes Ethereum-based hashrate at around 750 megahash per second (MH/s). Regional reports have noted Innosilicon is dropping a new ether mining rig this summer that processes speeds of up to 2,000 MH/s. Additionally, during the course […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’