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Bright
What are the changes in miners' earnings after the Ethereum upgrade?
2023-06-04 05:28
Answer list:：
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Gemstone
After the Ethereum upgrade, the miner's income has changed due to the implementation of a new fee-burning mechanism. Prior to the upgrade, miners earned a transaction fee for each transaction processed and included in a block. However, with the upgrade, a portion of the transaction fee is now burned or destroyed, reducing the overall supply of Ethereum. This fee-burning mechanism reduces the overall inflation and increases the scarcity of Ethereum, which can potentially increase the value of the remaining circulating supply. As a result, even though the transaction fee revenue for miners may decrease, the value of the remaining Ethereum they receive as a block reward may increase, resulting in a potential overall increase in income for miners.
Release time 2023 06 04
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Gwen
Release time 2023 06 04