EMC has forged a strategic partnership with KelePool, a prominent mining pool, to provide robust and efficient GPU computing power support for the EMC network, thereby advancing the profound integration of AI and Web3.
@EMCprotocol
Bitcoin's mining difficulty increased by 6.45% to reach a new all-time high of 53.91 T at block height 798,336. The current average network hash rate is 385.87 EH/s.
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23.9 million ETH, around 20% of circulating supply, is staked. Investor caution and regulatory risks have slowed capital inflows. Since the Shanghai upgrade, 4.5 million ETH has been net staked, increasing wait time for to around 38 days. Inflows have recently decreased.
Last week, #ETH#staking rate rose to 19.89% (+0.92% WoW). Beacon chain activated 2200 validators per day, up from 2025. 23.9091 million ETH locked, representing a staking rate of 19.89% (+0.92% WoW), with growth maintaining but at a slower pace.
#BTC network hash rate: 7-day average 401 EH/s, 3-day average 445 EH/s. BTC price is up 14% in the past 30 days. S19 XP mining machine prices rising, while others falling/stagnant.
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Since transitioning to Proof of Stake (#POS), Ethereum (#ETH) experienced severe deflation in May, with daily net issuance reaching a peak deflationary amount of 12,400 tokens. Gas fees have decreased, and the net issuance of ETH has stabilized due to increased staking.
In June, stagnant Bitcoin supply hit a record high, around 70% of circulation. Factors like BlackRock's Bitcoin ETF application and Grayscale's advantage in the SEC trial may have contributed to a positive shift in Bitcoin sentiment.
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Last week, the #ETH staking rate rose to 19.83%, up 0.9% from the previous period. A total of 23.61M ETH is locked in the Beacon Chain, with 647k active validating nodes and 89,000 nodes in the queue, expected to wait for 44 days.
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#Litecoin has shown strong recent gains as the #LTCHalving approaches. The LTC/BTC exchange rate swiftly bounced back after reaching the year's low for the third time, with LTC prices surging by 34% in the past 5 days, marking the fastest rise in a year.
💧 $Sui is a Layer 1 blockchain for fast, private, secure, and inclusive digital asset transactions. KelePool, an early validator in the Sui ecosystem, enhances network security through PoS mining. Stake with KelePool and earn #Sui rewards!
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