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How To Monitor The Amount Of ETH Burned And Track Ethereum EIP 1559 Effects On Regular Basis

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These easy-to-use tools allow users to monitor the EIP 1559 effects on regular basis.

Read: Vitalik Buterin: “The London Upgrade Is Proof That Ethereum Ecosystem Is Able To Make Significant Changes, Which Makes Me More Confident About The Merge”


Ethereum enthusiasts are optimistic about early effects of London’s hard fork. The burning of Ethers is increasing at an alarming rate, and crypto novices can now follow the process 24 hours a day.

To track the impact of EIP 1559, several monitoring tools were released. One of them is ETH Burn bot that provide updates after every hour.

ETH Burn bot displays the most important metrics about the Ethereum burning process. Number of ETH burned in last hour. It shows the number and percentage of ETH coins that were destroyed during the past year, as well as the amount of Ether created (mined) during the same period. The bot also calculated the annual increase or decrease in Ether supply.





The burned Ether bot is another automatic tracking bot that displays the current base fee, average miner tip as well as the total amount of ether burned and its value in US dollars.

 

Ethereum enthusiasts can also use https://ethburned.info/ that shows the total amount of ETH that has been destroyed over the past hour, day, minutes or per block with the aid of a chart.

 

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Mark Brennanhttps://thecryptobasic.com/
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.

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