The hash rate on Ethereum Classic has skyrocketed, reaching 183 terahashes per second (TH/s), 280% higher than the 64 TH/s hash rate 24 hours ago.
In particular, Ethereum Classic’s hash rate has increased over 500% in the past 30 days, according toinformationfrom 2Miners
Sudden Hash Rate Growth Following the successful transition of Ethereum from proof of work to proof of stake, after this upgrade, Ethereum no longer needs miners.
Previously, Ethereum miners had to spend a lot of money buying mining equipment over the years. Devices such as graphics cards have become many times more expensive, so the hash rate of Ethereum flows to other chains, for example. Ethereum Classic, viewed as an alternative blockchain
The mining algorithm of Ethereum Classic called Ethash is compatible with mining rigs used on Ethereum, so the native crypto assets on Ethereum Classic called ETC can be mined with any mining rig, video card, and miner. Same ASIC as Ethereum before
refer : LINK
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