During the last two weeks, ETC has climbed more than 124% against the U.S. dollar, and the network’s hashrate has spiked a great deal. EthereumClassic
Ethereum Classic Climbs 124% in 2 Weeks, Hashrate Spikes, KRW Captures 20% of ETC's Trade Volume
Roughly six years ago in July 2016, an Ethereum hard fork was used to address the infamous DAO hack. This specific fork saw the chain split into two factions, and a new crypto asset called ethereum classic was introduced to the crypto community. For years now both chains have co-existed using the same proof-of-work consensus algorithm, and with The Merge coming up, speculators assume Ethash PoW miners will transition to ethereum classic mining.
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