In the process of migrating to proof of stocks, the atrium hash rate set a new record

Atrium hash rate exceeded 1.11 ppm (PH / s) for the first time. The previous record was set on January 13, when the atrium hash rate reached 1.08 ppm.

To Report Over the past year, with the rise in Atrium prices, which have yielded even better returns than Bitcoin, coin mining in the Atrium network has become more cost-effective than ever. It seems that this issue causes miners to flow into this network and increase its extraction rate.

Atrium hash rate has now reached a new historical record, approaching 1.11 ppm. The previous record was set on January 13 as the price of Atrium rose from $ 4,460 to $ 3,160.

Increased hash rate means that more nodes are connected to the atrium network; As a result, the network becomes increasingly decentralized. Atrium blockchain security also increases. If the hash rate is low, fewer nodes in the network will be present, resulting in slower transactions and reduced security.

In December 2021, the Atrium community launched the Arrow Glacier promotion, which delayed the stock-proof transfer process. The desire to implement this upgrade showed that Atrium has a long way to go to migrate to prove its stock. Prior to the complete transfer to Atrium 2, the transfer process must proceed from the Proof of Consensus (PoW) algorithm to the Proof of Consensus (PoS) algorithm. After that, we have the “hard bomb” leading, during which extraction in the atrium will be meaningless. The network then enters its so-called “ice age” to complete the transfer process.

Also read: Countdown to the next Atrium update; Everything you need to know about upgrading Ero Glycerin

After a complete change to stock proof, the extract will no longer have a place in the Atrium network, and instead transactions will be validated by storing value on specific nodes in the network.

Also read: War of extraction and proof of stocks; Is proof of work ultimately marginalized?

Currently, the network hash has exceeded one pt per second. Each pt is equivalent to 1,000 ppm (TH / s) and shows that the eight atrium network rates since March 2016, when this rate was first recorded, have grown by 66,000 percent. Has experienced.

Also read: The second version of Atrium will be launched in mid-2022; An end for atrium miners

But the Atrium Foundation is dissatisfied with the Atrium 2 brand. The foundation’s Twitter page criticized the use of the term “atrium 2”, saying that the term did not adequately describe the process that took place during the atrium upgrade period. The Twitter account also announced that the term “ETH2”, which is used to identify a stock proof chain from a labor proof chain, will be removed in the near future. Misunderstandings for newcomers, fraud prevention, inclusiveness and stock transparency are some of the reasons for removing the term.

According to the plans, the migration from the Proof of Consensus (Pow) algorithm to the Stock Proof of Consensus (PoS) algorithm will occur in the second or third quarter of this year.