SR026: Fifth CryptoSuper 500 List – Report

Cryptocurrencies have reached Exascale class supercomputing, with a hash rate of around 115 ExaHashes per second just for Bitcoin. The Bitcoin hash rate is roughly flat since the last Bitcoin halving in May, but due to the strong Bitcoin price rise, the Annual Economic Value (AEV) has grown significantly. AEV of cryptocurrencies that rely on proof of work mining has hit a new high of around $9 billion, despite the Bitcoin Halving of block reward in May. AEV is up 90% since the June 2020 list.