What is the current issuance rate of Ethereum (ETH) and how does it affect the cryptocurrency market?

1 answers

• Dec 17, 2021 · 3 years ago
  The current issuance rate of Ethereum (ETH) is an essential factor to consider when evaluating the cryptocurrency market. The issuance rate refers to the number of new ETH coins created and added to the circulating supply over a specific period. It is determined by the Ethereum network's consensus algorithm and is currently set at around 4 ETH per block. This rate directly affects the supply and availability of ETH in the market. If the issuance rate is higher than the demand, it can potentially lead to a decrease in the price of ETH. Conversely, if the demand exceeds the issuance rate, it can drive the price up. Therefore, monitoring the current issuance rate of Ethereum is crucial for understanding the market dynamics and making informed investment decisions.
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