EthereumClassic’s ($ETC) computational power has dropped 46.16% lower from the 306 TH/s high to today’s 164.75 TH/s.
Ethereum Classic Hashrate Slides 46% Since The Merge, PoW ETH Forks Gather Double-Digit Gains
The day of The Merge, Ethereum Classic’s hashrate soared to new highs tapping 306 terahash per second ten days ago on September 15. Since then, however, Ethereum Classic’s computational power has dropped 46.16% lower from the high to today’s 164.75 TH/s. Furthermore, ethereum classic’s market valuation has dropped by two positions and lost 26.7% against the U.S. dollar during the last two weeks.
Ethereum Classic’s Hashrate and Price Sinks, While the 2 New PoW Ethereum Forks Jump Higher in USD Value After Ethereum transitioned from proof-of-work to proof-of-stake the lion’s share of Ethereum’s hashrate moved over to the Ethereum Classic (
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