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beam (BEAM), ergo (ERGO), ETC, ETC chain, ETH, Ethash, Ethash cash, ether, Ethereum (ETH), Ethereum Basic, ethereum basic (ETC), Ethereum Basic’s hashrate, merge, PoS, PoW, ravencoin (RVN), The DAO fork, The Merge, transition
On Thursday, following the official proof-of-stake (PoS) transition announcement from the Ethereum Basis, Ethereum Basic’s hashrate tapped one other all-time excessive at block top 15,806,925. The newest leap to 38.64 terahash marks the community’s second report excessive in 5 days, as Ethereum Basic captured 38.37 terahash per second (TH/s) on August 20, 2022.
The Ethereum Basis not too long ago revealed a weblog submit referred to as the “Mainnet Merge Announcement,” which provides the general public extra exact dates regarding The Merge improve. On the time of writing, The Merge is predicted to go reside on Sept 10-20, 2022, and when that occurs, Ethash proof-of-work (PoW) miners can be compelled to mine one other Ethash-supporting crypto community.
Ethash miners have just a few cash they’ll select from, like ravencoin (RVN), ergo (ERGO), beam (BEAM), and ethereum basic (ETC). 5 days in the past, Bitcoin.com Information reported on ETC’s hashrate tapping an all-time excessive at 38.37 TH/s at block top 15,776,674. On August 25, 2022, ETC surpassed that report because the community’s hashrate reached 38.64 TH/s at block top 15,806,925.
There’s an ideal risk ETC might surpass that report once more within the close to future as a result of the community jumped over the August 20 report on August 24 at block top 15,801,069 when it reached 38.40 TH/s. Furthermore, there’s nonetheless 975.15 TH/s of hashpower pointed on the Ethereum (ETH) community immediately. Whereas there are just a few totally different Ethash supporting cash, up to now, Ethereum Basic has been the primary beneficiary of The Merge.
Ethereum basic (ETC), the community’s native token, has additionally managed to climb from the twentieth largest market valuation to the nineteenth, as ETC costs jumped 10.2% larger within the final 24 hours. ETC jumped from $34.57 per unit through the early morning buying and selling classes on Thursday (EST), to the day’s worth excessive at $38.09 per unit.
ETC has managed to climb 61.2% larger towards the U.S. greenback over the last 30 days. Actually, ETC’s worth rise over the previous month is larger than ethereum’s (ETH) 18.4% rise in the identical time interval.
What do you concentrate on Ethereum Basic’s current hashrate spike? Tell us what you concentrate on this topic within the feedback part beneath.
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The cryptocurrency market offers hundreds of different investment options, but two of them control most of the action: bitcoin and ethereum. As recently as last year, the combined market cap of both platforms made up more than 70% of the global crypto market, according to U.S. News & World Report.
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So which is a better bet for investors? During a recent interview with CoinDesk, businessman and “Shark Tank” star Kevin O’Leary suggested his preference.
Also see five reasons you need at least one bitcoin.
O’Leary shared during the interview that his preference is bitcoin. “If you want exposure to crypto volatility, it’s bitcoin,” O’Leary said. “There’s a lot of people that say, ‘I don’t need anything else … I’ll just buy bitcoin.’ And they haven’t been wrong … I think it’ll be very hard to dethrone it.”
As for ethereum, O’Leary spent much of his time bemoaning its lack of speed and efficiency.
“Goodness, ETH is slow,” he said. “I’m sorry, but it’s slow, and I think a lot of people know that. And the more transactions get piled on it, it doesn’t get any better.”
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O’Leary has plenty of company in backing bitcoin over ethereum.
Part of bitcoin’s allure is that it has become a dominant crypto force in both size and name recognition. It has grown so big that it recently leapfrogged Google parent Alphabet to rank as world’s sixth-largest asset by market cap, The Market Periodical reported.
From a pure investment standpoint, bitcoin has definitely been the better bet recently. Its price is up about 12% in 2025 as of June 13 and has gained about 56% over the past year. In contrast, ethereum’s price is down about 23% in 2025 and has lost more than 27% over the past year.
If you’re new to crypto, it’s important to understand the differences between bitcoin and ethereum, because it’s not an apples-to-apples comparison.
As U.S. News reported, bitcoin’s network uses a proof-of-work verification system. Ethereum, on the other hand, uses a proof-of-stake system, which U.S. News called “less energy-intensive.” Additionally, the main purpose of bitcoin is to serve as a digital currency that’s an alternative to other currencies, while ethereum is a platform that runs smart contracts, U.S. News explained.
According to VanEck, a New York-based investment management firm, both bitcoin and ethereum have seen their prices fluctuate significantly over the years. Despite that, VanEck noted that bitcoin has been the outperformer, remaining more stable than ethereum.
New UK-based program allows first-time users to begin regulated Bitcoin mining with no upfront costs or hardware requirements
LONDON, June 11, 2025 (GLOBE NEWSWIRE) — DN Miner, a FCA regulated crypto platform, has announced a new initiative that offers free cloud mining access to newly registered users. The program is designed to provide a hands-on introduction to Bitcoin mining without the technical barriers traditionally associated with the process.
By offering complimentary starting balances upon account creation, DN Miner allows individuals to engage in short-term cloud mining contracts using its hosted mining infrastructure. This setup enables users to observe and understand how cryptocurrency mining functions in practice—without investing in specialized equipment or software.
Available mining contracts vary in duration and estimated yield, giving users the ability to select options aligned with their comfort level and goals. Once minimum balance thresholds are reached, users can request withdrawals through multiple supported channels. In an effort to maintain simplicity.
Mining Contract Options:
Contract Term | Contract Price | Daily Reward | Total Reward(Principal Returned) | Daily Return Rate | ||
1 day | $350 | $10.5 | $350+$10.5 | 3.0% | ||
3 day | $500 | $16 | $500 + $48 | 3.2% | ||
4 days | $1000 | $35 | $1000 + $140 | 3.5% | ||
5 days | $3000 | $114 | $3000 + $570 | 3.8% | ||
2 days | $12000 | $576 | $12000+$1152 | 4.8% |
The company notes that while the platform is accessible to beginners, the underlying activity of mining remains subject to market-driven volatility. Factors such as network difficulty, asset valuation, and mining congestion can influence daily returns. DN Miner encourages users to consider these variables when evaluating their participation in digital asset operations.
DN Miner operates under regulatory supervision by the UK’s Financial Conduct Authority (FCA). This oversight ensures that the platform maintains a high standard of transparency, user data security, and legal compliance. All mining infrastructure is hosted in certified data centers that use industrial-grade ASIC equipment to support consistent uptime and competitive performance across supported cryptocurrencies.
About DN Miner
DN Miner is a UK-regulated digital asset platform providing cloud-based access to cryptocurrency mining. Through remote infrastructure hosted in secure data centers, DN Miner enables users to participate in digital asset production without the need for hardware ownership or software management. The platform prioritizes regulatory compliance, operational transparency, and user education in all of its offerings.
Media Contact:
Darlene Evan
info@dnminer.com
+4407787938609
https://dnminer.com/
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e42f006e-7ab6-4512-aae9-5efcf195d024
Image by DN Miner
Image by DN Miner
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