Deflationary blocks

Powered by
Carbono Logo
Carbono

After EIP-1559, every Ethereum block burns part of the transaction fees. And some of them are deflationary: ETH burned is greater than the mining reward. Every time this happens, the total supply of ETH decreases.




BLOCK REWARDS / ETH BURNED



NUMBER OF DEFLATIONARY BLOCKS

Daily count of blocks where the burnt fee exceeded the mined ETH



ETH minted / ETH burned

Daily amount of ETH minted vs ETH burned after EIP-1559



ABOUT EIP-1559

At block 12,965,000 (August 5th) Ethereum activated the London Hard Fork. It contained EIP-1559, a major change to how users pay for transactions on Ethereum, changing from a first-price auction to a fixed-price sale.

Users pay a base fee plus a tip to have their transaction added to a block. The base fee is defined by the protocol, varies depending on the demand, and gets burned after being paid. And the miners receive the tip. READ MORE



LEADERBOARD

Blocks that burned more ETH

Click on the headings to organize the table by block reward, ETH burned or date


LATEST BLOCKS

ABOUT CARBONO

Carbono is an advisory firm specialized in cryptocurrencies that helps clients navigate the economic and financial innovations derived from the rise of digital assets.

Learn more about us at Carbono. And read our newsletter: Carbono Insights.