What is the total supply of ETH coins?

3 answers

• limaoSep 23, 2024 · 10 months ago
  The total supply of ETH coins is constantly changing as new blocks are mined and new ETH coins are created. As of now, there are approximately 116 million ETH coins in circulation. However, it's important to note that Ethereum, the platform on which ETH operates, does not have a maximum supply limit like Bitcoin. This means that ETH coins can continue to be created through the mining process indefinitely, although the rate of new coin creation will decrease over time.
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• ajakusjevaOct 11, 2023 · 2 years ago
  The total supply of ETH coins is determined by the Ethereum network's monetary policy. Unlike Bitcoin, which has a fixed supply of 21 million coins, Ethereum does not have a maximum supply limit. Instead, the Ethereum network uses a mechanism called the 'ice age' to gradually increase the difficulty of mining new blocks, which effectively slows down the rate of new coin creation. This ensures that the supply of ETH coins remains manageable and prevents inflation.
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• SabinaMBMay 18, 2021 · 4 years ago
  The total supply of ETH coins is not fixed and can change over time. As of now, there are approximately 116 million ETH coins in circulation. However, it's important to note that the total supply of ETH coins is not the same as the circulating supply. The circulating supply refers to the number of coins that are actively being traded and held by users, while the total supply includes coins that may be locked up in smart contracts or held by the Ethereum Foundation. The exact breakdown of the total supply can be found on the Ethereum blockchain explorer.
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