3 ms·
Price is due to supply and demand, not due to energy cost. The amount of new Ether being minted is projected to drop by 90% after the merge, so new supply will
by everfree 4y ago
Price is due to supply and demand, not due to energy cost.
The amount of new Ether being minted is projected to drop by 90% after the merge, so new supply will be much lower. If anything, this creates upward price pressure rather than downward price pressure.