Ethereum Hits New All-Time High Amid Surging Hashrate

[Tamsialu$$]

Ethereum has hit a new all-time high today, breaking its previous high of $4,467, as its hashrate also broke records. Ethereum (ETH) has hit a new all-time high price of $4,468.38 today, after breaking through its previous all-time high of $4,467 at approximately 9:30 EST.

The new price record coincides with an all-time high for Ethereum’s hashrate, the measure which shows the processing power of the Ethereum network. According to Etherscan.io, Ethereum’s hashrate hit 812,768.9228 GH/s yesterday.
What’s more, Ethereum’s all-time hashrate high has in turn coincided with news that the supply of ETH is on pace to shrink following the network’s much anticipated Ethereum 2.0 upgrade.more