ETH mining data indicates that around 18.21% of Ethereum’s hashrate loss took place 18 days ago, after June 30, 2022.
As The Merge Gets Closer, Ethereum's Hashrate Dropped Over 26% Since the Network's All-Time High 45 Days Ago
While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s global hashrate slipped from 1,190 terahash per second to today’s 973.27 TH/s. While Ethereum’s hashrate decreased, Ethereum Classic’s hashrate spiked 12.
The developer stressed that the date was not finalized but he also remarked that it was “extremely exciting” to see the transition coming together. The proposed date for The Merge fueled
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