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The Ethereum hash rate gets the new ATH as the PoS migration is underway by Cointelegraph

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Last year, Ether (ETH) has increased significantly to the point where it exceeds (BTC) in terms of benefits. Rising has gained its network mining over time. This appears to have resulted in additional mining, leading to an expansion of the network hash rate.

Ethereum’s hash rate has reached a new high, approaching a record high of 1.11 PH / s. according to Glassnodes data on Thursday. The previous ATH was reached on January 13, when the ETH price dropped from $ 4,460 to $ 3,160.

Source: Glassnodes