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Bitcoinist 2019-11-21 09:20:56

Ethereum Block Rewards Reduced by 1000 ETH as Block Times Rise

The Ethereum network is now producing less ETH per day. Block rewards have reduced from around 13,500 coins to 12,500. Ethereum is currently facing a situation where the block reward output per day is about 1,000 coins lesser than last week. This is a major drop compared to the situation three years ago when the average number of coins produced per day was at around 30,000. Block rewards in 2017 were pegged at 20,000, droppingRead MoreThe post Ethereum Block Rewards Reduced by 1000 ETH as Block Times Rise appeared first on Bitcoinist.com.

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