4 ms·

This is incorrect. Ethereum gas fees are burned, they don't go to miners.

• smabie 5y ago
  Nah miners are still collecting part of the fee https://eips.ethereum.org/EIPS/eip-1559 https://eips.ethereum.org/EIPS/eip-1559
  • tedunangst 5y ago
    Yeah, my bad for being imprecise. The base fee is burned and you can pay a bribe for priority, but from a supply and demand perspective, does that affect miner supply? It's the same number of blocks and hashes and miners regardless of excess gas spent. I think it's more like you're not paying to play snake specifically, you're paying miners not to do what they were going to do anyway.
    • Dylan16807 5y ago
      How could it not affect miner supply? The block reward directly affects how much equipment miners buy for the future, and if it fluctuates enough it can also affect how loaded they keep their existing equipment.
      • tedunangst 5y ago
        I'm probably wrong.
• deleted 5y ago
  [deleted]