Hiya Redditors,
I used to be reviewing the standing of Ethereum at this time after the merge, it has been 14 days and wished to see how we’re doing.
I used to be utilizing https://ultrasound.cash/ to examine on the provision of Ethereum and examine provide earlier than and after merge.
If we had been nonetheless on PoW we’d have produced 180,329 Ethereum. Since we moved to PoS we’ve produced 8,554 Ethereum as a substitute.
Doing a little math utilizing at this time’s costs, say $1300 per Ethereum.
180,329 * 1300 = $237,027,700 (PoW manufacturing of Ethereum)
8,554 * 1300 = $11,120,200 (PoS manufacturing of Ethereum)
11,120,200 – 237,027,700 = – $225,907,500.
What this tells me is that because the merge, Ethereum would have usually produced a further $225,907,500 to it is market cap, which is often collected by miners and perhaps bought on exchanges. That is solely in 14 days.
That is huge with the present state of issues.
I consider the subsequent bull run goes to be huge when the provision truly begins going damaging mixed with stackers attempting to stake extra to get increased rewards, identical to what we noticed with miners combating over GPUs pushing the value of GPUs to the moon, stackers will probably be combating over Ethereum cash.
What are your ideas? Did I make any errors or overlook one thing?
Nothing posted right here is monetary recommendation. That is just for leisure functions.
EDIT: This thread isn’t discussing if PoS is healthier than PoW. This thread is strictly discussing the provision shock by switching from PoW to PoS.
