2 years ago
Ethereum's mean transaction fees dropped by astir 73.3% conscionable wrong a period — down to $14.17 from $53.03.
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The infamous transaction fees of the Ethereum (ETH) ecosystem underwent a decremental signifier from Jan. 10 to grounds the lowest mean and median fees of $14.17 and $5.67 — lowest since September 2021.
Data from Blockchair shows that the mean transaction interest of ETH successful January was $53.03, which astatine its highest was $70.83 backmost successful May 2021. Just wrong a month, the mean fees saw an astir 73.3% diminution arsenic evidenced by the pursuing chart.
Additionally, the resultant median transaction interest besides witnessed an 81.02% driblet from January’s $29.88. In the past six months, ETH’s median transaction interest was seen lowest successful September astatine $6.26.
Interestingly enough, the transaction number of the Ethereum web has besides travel down to numbers that were past seen backmost successful aboriginal 2019. Blockchair information amusement that connected Feb. 1, Ethereum’s transaction number went down to 14,574,808 from 36,851,128 — a 60.44% driblet successful conscionable 1 month.
This is the archetypal clip successful Ethereum past that the transaction number saw specified a immense driblet wrong 30 days. In November 2021, Ethereum co-founder Vitalik Buterin projected a caller bounds connected the full transaction calldata successful a artifact to alteration the wide transaction calldata state outgo implicit the ETH network.
Related: Individual ETH miner hits jackpot with $540K artifact reward
An ETH miner operating connected 2Miners: Solo excavation validated a artifact connected their ain and received a reward valued astatine astir $540,000.
As Cointelegraph reported, the miner earned 168 ETH for successfully mining the block, which vastly outstrips the per-block mean reward of astir 4 ETH.
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