Deflationary blocksPowered by 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
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
Blocks that burned more ETHClick on the headings to organize the table by block reward, ETH burned or date