On June 2, Bitcoin.com News reported on the top five mining pools retaining over 71% of Bitcoin’s hashrate during the month of May.
Last May, around 1.03% of Bitcoin’s hashrate stemmed from stealth miners and the processing power tapped an ATH on May 2, 2022, at block height 734,577.
Roughly two weeks later, Ethereum’s hashrate reached 127 PH/s again at block height 14,874,537 on May 30.
Ethereum’s top mining pool Ethermine commands 296.69 terahash per second and the second-largest pool, F2pool, captures 151.46 TH/s.
Saturday’s data shows that Ethereum’s hashrate reached 132 PH/s, as the hashpower metric once again tapped another ATH in 2022.
The record highs this year come as The Merge approaches and the network will be fully transitioned into a proof-of-stake blockchain protocol.
There are a number of crypto networks ETH miners could choose from, including ethereum classic .
Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
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