As a result of Ethereum’s transition to the PoS (Proof-of-Stake) consensus, miners began to connect to Ethereum Classic (ETC).
ETC’s hash rate reached an all-time high before the Merge update. According to the most conservative estimates, the computational capacity of the network increased by more than 200% after the connection of ETH-mainers.
On September 16, the ETC hash rate came close to 200 terraches per second (Th/s).