The hash rate of Ethereum Classic increases by 280% in a single day

The hash rate of Ethereum Classic, a proof-of-work blockchain, has significantly increased as miners abandon the now proof-of-stake Ethereum. Its hash rate, which measures the output of cryptocurrency mining, increased to 183 terahashes per second (TH/s) on Thursday, 280% more than the 64 TH/s hash rate from the previous day.