In August, the ETC network computing power dropped to the lowest level this year

The computing power of the ETC network has been declining continuously since July, reaching a low of around 3T on August 3, a decrease of about 62% compared to 7.9T on July 6.

Although the ETC hashrate has risen to about 4T, it still remains at a low level. The ETC hashrate in August is also the lowest this year. The hashrate forum said on Weibo: The number of ETC miners has dropped from 17726 last month to 5269, which is also an important reason for the decline in hashrate.

Ant Pool announced on August 12 that it will no longer support ETC mining services starting tomorrow. ETC has previously experienced 51% attacks and has been plagued by miners' concerns about its stability. (miningpoolstats)