I'm wondering if Ethereum, or ETH, has a limit on its supply. Is there a fixed amount of ETH that will ever be created, or can it be mined indefinitely?
Ethereum (Eth) operates on a unique supply model that distinguishes it from other cryptocurrencies.
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LuciaMon Jan 06 2025
BTCC is a leading cryptocurrency exchange that offers a range of services related to digital assets. Among its offerings, BTCC provides trading in Eth, allowing users to buy and sell the cryptocurrency.
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ethan_harrison_chefMon Jan 06 2025
The total supply of Eth is not fixed, meaning it can change over time. This is a significant difference compared to Bitcoin, which has a predefined maximum supply cap.
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LorenzoMon Jan 06 2025
The supply of ETH increases due to various factors, primarily mining rewards. Miners receive Eth as a reward for solving complex mathematical problems and adding new blocks to the blockchain.
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charlotte_bailey_doctorMon Jan 06 2025
Besides mining rewards, other mechanisms also contribute to the increase in Eth supply. These mechanisms are designed to ensure the stability and security of the Ethereum network.