How Many Ethereum Are There?84
Ethereum is the second-largest cryptocurrency by market capitalization, and one of the most popular blockchain platforms in the world. As of June 2023, there are approximately 122 million ETH in circulation, out of a total supply of 180 million ETH.
The total supply of ETH is not fixed, as new ETH are created through a process called mining. Mining is the process of verifying and adding new transactions to the Ethereum blockchain, and miners are rewarded for their work with new ETH. The block reward for mining ETH is currently 2 ETH, and is halved approximately every four years.
The circulating supply of ETH is the amount of ETH that is currently in circulation, and is equal to the total supply minus the number of ETH that have been lost or destroyed. Lost or destroyed ETH are ETH that have been sent to an invalid address, or that have been burned.
The number of ETH in circulation is constantly changing, as new ETH are created through mining and existing ETH are lost or destroyed. The circulating supply of ETH is expected to continue to increase over time, as more ETH are mined and fewer are lost or destroyed.
The price of ETH is highly volatile, and has fluctuated significantly over the past few years. The price of ETH is influenced by a number of factors, including the supply and demand of ETH, the overall cryptocurrency market, and the news and events surrounding Ethereum.
Despite the volatility of the price of ETH, Ethereum remains one of the most popular and widely used blockchain platforms in the world. Ethereum is used for a variety of applications, including decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs).
The future of Ethereum is bright, and the number of ETH in circulation is expected to continue to grow over time. Ethereum is a leading blockchain platform, and it is likely to continue to play a major role in the development of the cryptocurrency and blockchain industry.## Conclusion
The number of ETH in circulation is constantly changing, as new ETH are created through mining and existing ETH are lost or destroyed. The circulating supply of ETH is expected to continue to increase over time, as more ETH are mined and fewer are lost or destroyed.
2025-02-06
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