You are currently viewing Ethereum saves $21B compared to PoW as supply contracts by 417K ETH since Merge

Ethereum saves $21B compared to PoW as supply contracts by 417K ETH since Merge

The Ethereum network has seen a reduction of 417,413 ETH in supply since transitioning to a Proof-of-Stake (PoS) consensus mechanism in September 2022, per data from ultrasound.money. In the 540 days since The Merge, 1,509,991 ETH has been burned while the network has issued 1,092,578 new ETH, resulting in a net decrease. As of press […]

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