Ethereum ETH -0.66% officially completed the merger today, but Ethereum miners are flocking to RVN instead of Ethereum. According to data retrieved from CoinMarketCap, interest in Ravencoin (RVN) has soared and is now the top cryptocurrency, ahead of ETH, ETC, BTC and SHIB.
In this major shift, miners flocked to alternative chains, causing Ravencoin’s hash rate to surge 541% in the two weeks before the September 1-15 merger.
Additionally, CoinMarketCap data shows that the value of Ravencoin has risen by nearly 75% in the past 7 days,