On November 15, 2021, Bitcoin’s hashrate climbed to 184 EH/s gathering 17.19% more hashpower than the network saw a mere two days ago on November 13.
In addition to BTC’s hashrate nearing ATH, the second-largest crypto asset in terms of market valuation, ethereum’s higher prices have also propelled its network hashrate.
It’s worth it for miners to mine ether in comparison to BTC, as ETH is the third most profitable network to mine.
The profits for the ether mining rigs are larger than BTC’s mining profits stemming from the most profitable application-specific integrated circuit mining devices.
The Microbt Whatsminer M30S++, the Ipollo B2, and the Bitmain Antminer S19 Pro are today’s most profitable BTC miners on the market, according to stats from asicminervalue.com.
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Onedegree, a virtual insurer based in Hong Kong, will provide insurance services for digital assets as part of a partnership with a local cryptocurrency exchange.
Sotheby’s, the British-founded American luxury auction house, has announced the company will be selling Banksy works for real-time bids in ethereum at “The Now Evening Auction” on November 18.