The Ethereum Hashrate Has Reached a New All-Time High

The Ethereum hashrate achieves an all-time high of 1.11 PH/s (1.11 quadrillion hashes per second), which is significant.

On January 27, statistics from Glassnodes indicated that the Ethereum hashrate has just set a new all-time high — 1.11 PH/s (1.11 quadrillion hashes per second) at the time — shattering the previous record of 1.08 PH/s.

Hashrate is a metric that represents the total computational power of the Ethereum network.

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