Ethereum Block Analysis: Key Insights from Block 15,538,721

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Block Overview

Ethereum Block 15,538,721 was mined on September 15, 2022, at 11:11:47 UTC. This block contained 151 transactions, transferring a total of 310.8879 ETH (worth approximately **$490,916** at the time). The average transaction value was **2.0589 ETH** (~$3,251.11).

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Key Metrics

MetricValue
Block Reward2.00 ETH ($3,158.16)
Fee Reward0.1647 ETH ($260.07)
Gas Used10,365,829 (34.55%)
Gas Limit30,000,000
Block Size37,564 bytes

Technical Details


Transaction Analysis


FAQs

Q1: How are block rewards calculated on Ethereum?

Block rewards consist of a fixed base reward (currently 2 ETH) plus transaction fees paid by users. In this block, the miner earned 2.16472 ETH total.

Q2: What does "Gas Used" represent?

Gas measures computational effort. This block used 34.55% of its gas limit, indicating moderate network activity at the time.

Q3: Why does the block show 0 difficulty?

Ethereum transitioned to Proof-of-Stake (PoS) in 2022, eliminating mining difficulty metrics for post-Merge blocks.

👉 Learn more about Ethereum's consensus mechanism


Historical Context

This block was mined 2 years 9 months ago, during Ethereum's final PoW phase before The Merge. Notably:

Data sourced from Blockchain.com's explorer.


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