What’s the lowest miner’s fee in Ethereum? (Why is Ethereum so expensive for absenteeism?)
What is the lowest miner’s fee in Ethereum What is the lowest miner’s fee in Ethereum? 1、 In contract transactions, transaction fees calculated by currency are divided into ETH and BTC
The mining difficulty of Ethereum and the price paid to users for each transfer are 0.005eth/ms according to the ETH network computing power. One ETH is equal to 0.014gwei; Based on the ETH unit price, 1 tps (per byte) can be paid at $0.027; Based on the ETH spot price, 2T=0.033 US dollars. 2、 Before the merger, for Ethereum pledge, the profits need to be transferred to the user’s wallet, which will be obtained through the mining pool and then sent back to the mining pool. Third, after the launch of Ethereum 2.0, the number of pledges on the smart contract platform with the highest pledge rate will increase
According to the official introduction of ETH, the current maximum block capacity of Ethereum is only about 100MB. Therefore, if you want to use the ordinary PoW chain, you need to set the GasFee limit, that is, the average handling fee for each transaction is 0.055ETH. As time goes by, the gas becomes higher and higher, and the demand for pledged tokens on Ethereum network will also increase. In order to meet these demands, miners must invest more funds in this project, so as to ensure the stable operation of the system
Why is the absenteeism fee of Ethereum so expensive
According to the data of bitinfocharts, the median transaction fee of Ethereum is 0.002ETH (about $9), and about 300 blocks are dug up every day Based on the current gas price, each transaction that exceeds 10 minutes will cost 0.000002ETH, which is more than 50% lower than the high point in January 2017. If calculated based on the current market situation, an average of 0.015 ETH per hour is required, which can save gas worth millions of dollars or more in a day, and the cost is also quite high: because the handling fee is manually set by the user, rather than adjusted by miners, and becomes increasingly expensive over time; On the other hand, if you are unwilling to pay these costs and only want to make yourself cheaper, the greater your income and the more likely you are to receive more benefits!
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