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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)$88,062.00-0.26%
  • ethereumEthereum(ETH)$2,972.41-0.53%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$855.140.11%
  • rippleXRP(XRP)$1.90-0.62%
  • usd-coinUSDC(USDC)$1.00-0.03%
  • solanaSolana(SOL)$124.74-0.67%
  • tronTRON(TRX)$0.284347-1.15%
  • staked-etherLido Staked Ether(STETH)$2,971.75-0.58%
  • dogecoinDogecoin(DOGE)$0.1316241.30%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$88,062.00-0.26%
  • ethereumEthereum(ETH)$2,972.41-0.53%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$855.140.11%
  • rippleXRP(XRP)$1.90-0.62%
  • usd-coinUSDC(USDC)$1.00-0.03%
  • solanaSolana(SOL)$124.74-0.67%
  • tronTRON(TRX)$0.284347-1.15%
  • staked-etherLido Staked Ether(STETH)$2,971.75-0.58%
  • dogecoinDogecoin(DOGE)$0.1316241.30%