Mining balances continue Ethereum (ETH) On the increase, as the scale reached its highest level in 50 months, according to the behavior analysis platform Sentiment .
247 News BulletinMetrics analysis provider on the chain, pointed out that the amount of Ethereum held by miners, reached the highest level since July 2016.
Also Read: What is Ethereum Mining?
247 News Bulletin 247 News BulletinMiners have stored nearly $2 billion in ETH
platform indicated Sentiment On Twitter , to that quantity Ethereum Miners are at their highest level since 13 July 2016.
Noting that the current total balance is 532.750 Ethereum The analysis platform confirmed that the value of these coins is rapidly approaching 2 one billion dollar.
The price has also gone up Ethereum in the rate of 10.32% in the past seven days, recently exceeding the level 3600 dollar.
While the reluctance to sell mining rewards indicates a mentality Storage HODLING strong between Ethereum, who store approximately 0.45% of the total cryptocurrency supply currently in circulation, at 117.7 million.
247 News Bulletin 247 News BulletinThe latest data shows, that miners Ethereum They are not the only ones who expect further price growth.
Despite the high GAZ fees and intense competition, the network settled with 6.2 trillion dollars, over the past 12 months, indicating an increase of 350%, crypto analytics firm revealed Missouri .
Meanwhile, a survey conducted by CoinShares Recently, fund managers continue to increase their holdings of Ethereum Also, with reference to growth prospects 'Most convincing'.
Hash rate is at an all-time high
rate decreased Ethereum hash, a measure of arithmetic power per second, which indicates the strength and security of the network, after the migration of miners in China to 477 (TH/s) In late June.
while showing data Etherscan She has fully recovered during the past months, and she is currently at a high rate 150% since the beginning of the year.
There was no noticeable drop in the hash rate, which reached an all-time high at 745 TH/s On Tuesday, though, the mining complexes were closed Ethereum home in china, SparkPool And People BeePool, in recent weeks.
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