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Ethereum network burns $395K ETH per hour after London upgrade

August 6, 2021 by DIGIT
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At current burn rates, 2.3 ETH per minute, or $6,600 is going up in smoke.

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Categories burn, EIP-1559, ETH, Ethereum, Ultra Sound Money
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  • bitcoinBitcoin(BTC)$88,784.00-3.86%
  • ethereumEthereum(ETH)$3,031.91-4.19%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-4.86%
  • binancecoinBNB(BNB)$877.55-3.19%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.00-7.39%
  • tronTRON(TRX)$0.2844610.33%
  • staked-etherLido Staked Ether(STETH)$3,027.77-4.48%
  • dogecoinDogecoin(DOGE)$0.138563-7.13%
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  • bitcoinBitcoin(BTC)$88,784.00-3.86%
  • ethereumEthereum(ETH)$3,031.91-4.19%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-4.86%
  • binancecoinBNB(BNB)$877.55-3.19%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.00-7.39%
  • tronTRON(TRX)$0.2844610.33%
  • staked-etherLido Staked Ether(STETH)$3,027.77-4.48%
  • dogecoinDogecoin(DOGE)$0.138563-7.13%