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Bitcoinist 2021-08-16 20:00:46

NFT Gorillas Burned $90,000 Worth Of Ethereum Per Minute

The Ethereum upgrade introduced a mechanism that burns ETH every minute from transactions. Moreover, the recent frenzy and interest in NFTs have also taken the issue to another level. On 15th August 2021, the network recorded the highest burn rate of about 27.9 ETH/per minute. This amount came up as Ethereum users competed desperately for […]

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