Google Trends bases its statistics on the number of searches related to a given word. According to Google Trends, the highest level of interest for this period was recorded a week ago, and since then, the trend has remained above normal levels. This means that the Netherlands has increased its search volume for “bitcoin” on Google in the last month. After an important recovery from a sharp fall in prices, public interest in Bitcoin rose dramatically to a 4-month high. The searches, in that case, were extended to the last 12 months. This is similar to the ranking at the beginning of the year, when El Salvador also topped the list, followed by Nigeria and Turkey. This is followed by the Netherlands, Nigeria, Turkey and Slovenia. Indeed, at the moment it is El Salvador that is clearly leading the list of countries where the most frequently searched word on Google is “bitcoin”. Google searches for Bitcoin in the WorldĪccording to Google Trends, if the search word was “bitcoin” in the world, then it would be clear which geographical areas hold the top spot for the past 30 days. Something that has not occurred when comparing to two years ago, when the hashrate was below 190 Th/s and has risen 500% since then, while the price has risen 1,800%. Speaking of the price of ETH, compared to last year, while Ethereum’s hashrate was just over half of what it is today, the price has seen a 40% increase in the last 12 months.
Specifically, it appears that the ATH – All Time High is over 1.14 PH/s, while the average hashrate has never fallen below 1.1 PH/s.
This is a new all-time high for the total computing power allocated to Ethereum mining, still PoW. Yesterday, 11 April 2022, the Ethereum hashrate hit a new high, exceeding 1.1 Ph/s for the first time in history. Know why Ethereum is trending in Google Trends today, on February, 05 2022.
Indeed, there are those who argue that Ethereum could already become PoS by this June, or by September at the latest.ĭespite this trend in the UK, the price of ETH still seems to be holding up, although in the last 24 hours it has gone from $3,058 to touch $2,960 and then back up to $3,072 at the time of writing. Why are Google searches for Ethereum growing It is likely that this boom is due to the sum of two factors. This means that there has been strong interest in sell ethereum in the UK, yet the move from Proof-of-Work to Proof-of-Stake for the second largest crypto by market cap is getting closer. “Sell ethereum” explodes on Google UK in one dayĪnalysis of Google UK search data revealed that today 12 April 2022 searches with the word “sell ethereum” exploded. Google searches for Bitcoin in the World.“Sell ethereum” explodes on Google UK in one day.
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