The weakness of the price goes with Cryptovest's sliding Hashrate


Ethereum (ETH): price weakness comes with sliding Hashrate

The global supercomputer (ETH) is losing power, as the miners have gradually abandoned the network in recent weeks. The ethereal hashrate has fallen to its lowest level in the last three months, slipping to 257 TH / s. Since March 2018, the ethereal hashrate has been relatively flat, going from about 250 to 290 TH / s, indicating uncertainty after much faster growth in the first three months of 2018. This coincides with the acceleration of market prices of ETH.

The Ethereum network has presented a number of problems, including periodic congestion. This factor, coupled with the awareness that the apps distributed by Ethereum had very few users, was one of the bearish factors that exposed the fact that the Ethereum Virtual Machine could have been overwritten.

Continuous skepticism finally led to an exaggeration of market prices. ICO projects, which …

This article appeared for the first time on Cryptovest

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