Ethereum Average Difficulty Daily Insights: Ethereum Statistics (2024)

FAQs

Ethereum Average Difficulty Daily Insights: Ethereum Statistics? ›

Ethereum Average Difficulty is at a current level of 0.00, unchanged from 0.00 yesterday.

The ETH mining difficulty increase average in the last 24 hours is 0.00% at block 19,757,067 on the Ethereum blockchain network. In the last 7 days the Ethereum difficulty increase was 0.00%, with the increase in the last 30 days being 0.00%, and the last 90 days is 0.00%.

Ethereum Blocks Per Day is at a current level of 7148.00, up from 7147.00 yesterday and up from 7113.00 one year ago. This is a change of 0.01% from yesterday and 0.49% from one year ago.

Ethereum Average Block Time is at a current level of 12.07, unchanged from 12.07 yesterday and down from 12.11 one year ago. This is a change of 0.00% from yesterday and -0.33% from one year ago.

Ethereum's difficulty bomb was an attempt by its developers to discourage miners from forking the blockchain and continuing proof-of-work on an Ethereum-like blockchain. It worked by increasing the difficulty level to a point where mining was impossible after the blockchain switched to proof-of-stake.

Ethereum Price Overview

The market rank of Ethereum is 2 based on a market capitalization of 344144200762.00 €. Ethereum has a circulating supply of 122056395.22 ETH. The highest recorded Ethereum price is 4228.93 €. And the lowest recorded ETH price is 0.381455000 €.

Basic Info. Ethereum Supply is at a current level of 120.09M, up from 120.09M yesterday and down from 120.38M one year ago. This is a change of 0.00% from yesterday and -0.23% from one year ago.

Unlike Bitcoin, which has a limited supply, Ethereum has an infinite supply. As of this writing, there are 122.7 million ETH in circulation.

How accurate is Ethereum block timestamp? ›

This means that it is not truly random, as it is based on known information when the block is mined. Similarly, the block timestamp is set by the block's miner and is not guaranteed to be accurate. Miners can manipulate the timestamp to their advantage, leading to potential security vulnerabilities.

On the Bitcoin blockchain, cryptocurrency "miners" race against each other to generate a random hash plus the nonce that is less than or equal to the target hash. The winner receives a reward. Ethereum validators use a different consensus mechanism, which makes the block times shorter.

Ethereum's current price is $4,018.53 up over 150% in the past year. After reaching its all-time high (ATH) of $4,891.70 in November 2021, ETH lost 80% of its value. It has since regained over 3/4 of that and sits just 17.85% down from its ATH.

The essential difference is that a developer can write programs that interact directly with the Ethereum platform, making it possible to provide services that Bitcoin could not. For example, Ethereum supports a range of lending and trading protocols, as well as games and other content.

Ethereum's supply has gradually decreased since the Paris upgrade (Merge) in September 2022, when the blockchain changed its consensus mechanism from Proof-of-Work to Proof-of-Stake. The rate of decline accelerated in May 2023 before becoming more gradual.

Most find that the easiest and most secure way to purchase Ethereum is through a reliable cryptocurrency platform like Kraken. While Ethereum can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Ethereum.

According to Cryptonewz, by the end of the current year 2024, ETH will touch $5,000. By the year 2025, Ethereum is expected to reach the maximum level of $6,500 with a minimum of $ 4,500 and an average of $5,500. And by the year 2030, it is expected that it may go up to a maximum of $20,500.

It is a fairly simple process because, if you already have a wallet of cryptocurrencies, it means you already hold an account with a trading platform like Coinhouse. However, there are different ways you can sell your Ether.

Bitcoin Average Difficulty is at a current level of 88.10, down from 88.10 yesterday and up from 48.01 one year ago. This is a change of -0.00% from yesterday and 83.53% from one year ago.