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3232Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results
https://www.digit.info/ethereums-transition-to-proof-of-stake-yields-deflationary-results/
Mon, 20 Feb 2023 19:00:57 +0000https://www.digit.info/2023/02/20/ethereums-transition-to-proof-of-stake-yields-deflationary-results/Read more]]>After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were still under PoW consensus, 1,823,678 ether would have been minted to […]
]]>‘Ultra Sound’ Money — Simulation Shows Ethereum’s Inflation Rate Is Significantly Lower Using Proof-of-Stake
https://www.digit.info/ultra-sound-money-simulation-shows-ethereums-inflation-rate-is-significantly-lower-using-proof-of-stake/
Thu, 29 Dec 2022 20:30:22 +0000https://www.digit.info/2022/12/29/ultra-sound-money-simulation-shows-ethereums-inflation-rate-is-significantly-lower-using-proof-of-stake/Read more]]>Its been 105 days since Ethereum transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) network and the number of Ethereum validators is set to surpass 500,000 in 2023. According to metrics, Ethereum’s issuance rate of new coins has dropped considerably and only 4,790.45 ether has been minted since The Merge took place on […]
]]>‘Ultra Sound Money’ — Post-Merge Stats Show Ethereum’s Issuance Rate Plunged After PoS Transition
https://www.digit.info/ultra-sound-money-post-merge-stats-show-ethereums-issuance-rate-plunged-after-pos-transition/
Mon, 19 Sep 2022 18:30:08 +0000https://www.digit.info/2022/09/19/ultra-sound-money-post-merge-stats-show-ethereums-issuance-rate-plunged-after-pos-transition/Read more]]>Months before Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS), a simulation of The Merge had shown the network’s issuance rate would drop following the ruleset change. Statistics now show that the simulation’s predictions have come to fruition as the network’s issuance rate has slowed significantly since September 15, following the Paris Upgrade that triggered […]
]]>Bitcoin Miners Reach the Halfway Point to the Next Block Reward Halving
https://www.digit.info/bitcoin-miners-reach-the-halfway-point-to-the-next-block-reward-halving/
Fri, 06 May 2022 04:30:52 +0000https://www.digit.info/2022/05/06/bitcoin-miners-reach-the-halfway-point-to-the-next-block-reward-halving/Read more]]>On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving that is estimated to take place on or around April 27, 2024. Block 735,000 follows the network issuing over 19 million […]
]]>90% of Bitcoin’s Supply Cap Has Been Issued, Miners Have 119 Years Left to Mine BTC
https://www.digit.info/90-of-bitcoins-supply-cap-has-been-issued-miners-have-119-years-left-to-mine-btc/
Mon, 13 Dec 2021 18:30:27 +0000https://www.digit.info/2021/12/13/90-of-bitcoins-supply-cap-has-been-issued-miners-have-119-years-left-to-mine-btc/Read more]]>On December 12, crypto advocates celebrated the fact that 90% of the 21 million bitcoins that will ever exist have been mined into circulation. Currently, Bitcoin’s inflation rate per annum is around 1.88%, which is lower than the central banks’ traditional 2% target reference. Furthermore, in 875 days, the network’s inflation rate is expected to […]