Ethereum Classic’s Hash Rate continues to hit all-time highs.

Ethereum Classic Has The Highest Hash Rate Ever 45 terahash per second (TH/s), which grew more than 480% year-on-year.

Ethereum Classic’s hash rate growth is likely due to increased mining activity on Ethereum Classic ahead of this month’s upgrade to The Merge, planned for mid-September.

When the merge arrives, the Ethereum miners take their money.billionsin mining equipment over the years Other blockchains may be needed to mine instead of Ethereum, with some mining pools extending to Ethereum Classic as an alternative blockchain.

In July, AntPool, a mining pool operated by Bitmain Mining giants It has signaled its support for Ethereum Classic for the first time and has invested $10 million in its ecosystem. And this week, another mining pool called BTC.com launched support for Ethereum Classic.

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