Ether has increased in value over the past year.ETHIt has significantly outperformed the () in terms of its value.BTC(in terms of return). It has been more lucrative to mine on this network over the years due to the growth of. The network has seen an increase in miners and a consequently, an increase in its hash rate.

Ethereum’s hash rate has reached a record high of 1.11 PH/s. As perData from Glassnodes, Thursday. The previous ATH occurred on January 13, 2013, when the ETH cost dropped from $4,460 down to $3,160.