A total of 102,018 ETH was destroyed on the Ethereum network in November, and Bitcoin miners’ income reached US$1.15 billion.

According to data from The Block, a total of 102,018 ETH was destroyed on the Ethereum network in November, worth approximately US$204 million. Since the implementation of EIP-1559 in early August 2021, Ethereum has destroyed a total of approximately 3.77 million ETH, worth approximately US$10.51 billion. At the same time, Bitcoin miner revenue increased 30.1% to $1.15 billion in November. The adjusted total transaction volume of Bitcoin and Ethereum on the chain increased by 29.8% to US$255 billion in November, of which the transaction volume on the Bitcoin chain increased by 21.2% and the transaction volume on the Ethereum chain increased by 43.9%. The adjusted transaction volume on the stablecoin chain increased by 7.6% to US$596.5 billion; the issued supply increased by 3.7% to US$120.1 billion, of which the market shares of USDT and USDC were 74.8% and 18.7% respectively.