Ethereum emission fell from 20,000 ETH per day to 13,000 ETH under the influence of the “Ice Age”, which happened due to the delay of the next hard fork and complication of mining. On Sunday, Ethereum’s daily production reached a historic low, dropping 2,000 ETH lower than during the last activation of the bomb, which occurred in September 2017, Trustnodes reports.
In the near future, the ETH emission may drop to 10,000 ETH, but with the activation of the Constantinople at the end of the month, the value will be set at 13,400 ETH. At the same time, Ethereum’s inflation rate will approach Bitcoin and will be about 4% By the end of the year, along with the launch of the Beacon-chain based on the Proof-of-Stake algorithm, inflation of Ethereum will drop to 2%, and the halving in the bitcoin blockchain, which will affect its emissions in the same way, will take place in 2020.
Over the last month, the price of ETH rose from $ 100 to $ 120, the volume of short positions fell from 320,000 to 215,000, and long ones increased from 400,000 to 460,000. The block creation time in the Ethereum network rose above 20 seconds, together with which the average daily number of transactions fell from 580,000 to 380,000. However, the commissions remain at fairly modest levels and currently amount to $ 0.005 per transfer per transaction.