Ethereum’s network participants recently upgraded the protocol and implemented the Arrow Glacier upgrade. Unfortunately, this move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months. However, Ethereum (ETH) miners are making profits at the end of the year. For the first time, statistics within the six-month range indicate Ethereum’s hashrate surpassed 1 petahash per second (PH/s).