BTC
$65413.51

+0.02%

BTC
URL bitcoin.org
$ 65413.51
Market Value $ 13,736.84 million
Change +0.02%
power 620.64 EH/s
Daily output 0.00000146 BTC / T
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+365.63%
DCR
$20.6207

0.00%

DCR
URL decred.org
$ 20.6207
Market Value $ 4.33 million
Change 0.00%
power 13.46 EH/s
Daily output 0.21580310 DCR / G
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-98.04%
LTC
$79.6

+0.13%

LTC
URL litecoin.com
$ 79.6
Market Value $ 66.86 million
Change +0.13%
power 984.34 EH/s
Daily output 0.00000345 LTC / M
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+87.92%
BCH
$536.52

+0.10%

BCH
URL bitcoincash.org
$ 536.52
Market Value $ 112.67 million
Change +0.10%
power 2.69 EH/s
Daily output 0.00020246 BCH / T
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-67.71%
ZEC
$22.21

+0.14%

ZEC
URL z.cash
$ 22.21
Market Value $ 4.66 million
Change +0.14%
power 7.16 EH/s
Daily output 0.00037155 ZEC / K
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+18.94%
DASH
$29.96

+0.20%

DASH
URL dash.org
$ 29.96
Market Value $ 5.66 million
Change +0.20%
power 1.42 PH/s
Daily output 0.00011058 DASH / G
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-75.09%
ETC
$26.6356

+0.20%

ETC
$ 26.6356
Market Value $ 56.12 million
Change +0.20%
power 166.42 PH/s
Daily output 0.00009658 ETC / M
Halve time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-8.10%

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Your Location: Home > News > Details

The amount of Ethereum burned has exceeded 20,000, the increase is better than BTC

2021-08-10 17:29

On August 5th, at block height #12965000 (20:33 on August 5th, Beijing time), the highly anticipated Ethereum London upgrade was completed. The London upgrade involves many proposals, the most interesting of which is EIP-1559. The proposal introduces a destruction mechanism to make the cost on the chain more reasonable. Many people hope that the London upgrade can help Ethereum achieve deflation, thereby increasing the price of the currency.

After the introduction of EIP1559, there are two parts to the cost of user interaction on the chain, one is the basic fee (need to be destroyed), and the other is the tip paid to the miner (not destroyed). The basic fee is adjusted according to the dynamics of the network, and generally does not need to be adjusted by the user. The user adjusts the tip paid to the miner. When the network becomes more lively, the basic fee paid by users is higher, and the more it is destroyed.

The data shows that the current Ethereum has burned a total of 21,180 ETH, and the average burn value of a single block is 0.68 ETH. Since the current amount of ETH mined per block is about 2-3, the amount of additional issuance is more than the amount of destruction, which means that the current amount of destruction is not enough to deflate the ETH, which eases the inflation of Ethereum to a certain extent.

Stimulated by the London upgrade and the recent market rebound, ETH has gradually emerged from the market haze over the previous two months. The highest price in 24 hours reached $3198, an intraday increase of 7.26%% and a growth rate of 26.80% on the 7th, which is better than the cryptocurrency leader. BTC.

After the implementation of the 1559 upgrade, will the income of miners decrease? In the income of Ethereum miners, handling fees account for a relatively large proportion. However, due to the recent market rebound, the income of miners has actually risen. The impact of the upgrade on miners does not seem to be too large at present. As for the future, what impact the London upgrade will have on miners still needs to be observed.

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If you want to take advantage of the current market rebound to mine ETH, RHY has launched ETH Hash Power and Mining machine leasing products, and there are packages with no contract duration to choose from, allowing miners to participate in mining more flexibly according to their needs. Miners do not need to participate in the cumbersome mining machine buying and selling process, and do not need to worry about the failure and maintenance of the mining machine equipment. They only need to place an order on the platform to mine ETH.

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