Ethereum Merge could happen before the anticipated September 15 date as the average hash rate jumps above 900 TH/s. The jump in the hash rate indicates miners are looking to make a profit before Ethereum switches from PoW to PoS.
Ethereum Merge To Happen Sooner Than Expected
Ethereum’s developers and clients are preparing for the Merge to trigger on September 15. However, miners seem to have other plans. The average hash rate has jumped above 900 TH/s as miners race to mine Ethereum (ETH) before the Merge. This could cause the Merge to happen sooner than September 15.
According to the OkLink “Ethereum The Merge Countdown” data, the Merge preparation is now 98.21% complete, with the terminal total difficulty (TTD) being 57691088811453340461380. The current hash rate is above 887 TH/s.
As Ethereum co-founder Vitalik Buterin said, the Merge’s “exact date depends on the hash rate.” Moreover, the Merge will be triggered at the TTD of 58750000000000000000000. The average hash rate of 872.2 TH/s is enough to trigger the Merge on September 15.
However, with the recent rise in the network hash rate, the merge could happen earlier than September 15. In fact, if the average hash rate continues to be above 900 TH/s, the Merge may trigger on September 11. Moreover, at the current hash rate levels, the merge will happen between September 12-14.
