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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)$87,791.00-0.31%
  • ethereumEthereum(ETH)$2,957.43-0.45%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$842.94-1.29%
  • rippleXRP(XRP)$1.88-0.57%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$124.04-0.43%
  • tronTRON(TRX)$0.282470-0.66%
  • staked-etherLido Staked Ether(STETH)$2,954.85-0.39%
  • dogecoinDogecoin(DOGE)$0.129127-1.65%
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  • bitcoinBitcoin(BTC)$87,791.00-0.31%
  • ethereumEthereum(ETH)$2,957.43-0.45%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$842.94-1.29%
  • rippleXRP(XRP)$1.88-0.57%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$124.04-0.43%
  • tronTRON(TRX)$0.282470-0.66%
  • staked-etherLido Staked Ether(STETH)$2,954.85-0.39%
  • dogecoinDogecoin(DOGE)$0.129127-1.65%