ETH Miners are getting a big chunk of the DeFi New Money Flow

[vitek146]

Miners earn enough at such a price for ether, there is nothing to worry about. Also, the owners of nodes this year, according to the data, are earning $ 4m per day, which is simply a huge amount and all thanks to the jump in the price of gas on the network. will figure out how to reduce commissions in the Ethereum network, then many will simply move to other sites with a lower commission, such as bsc.

[Gubre]

I don't understand the term you used which is the lion.  If that is for ethereum I don't think Eth deserve such which is no one is to have it but bitcoin. Also because of the gas fee of ethereum for miners to feast is the thing that pull it back which will manifest in the near future.

[masterrex]

It's not news that the Ethereum gas fees have continued to soar, no thanks to the boom of the DeFi ecosystem. And Ethereum network being the most popular platform for DeFi innovation, the network is always congested which has made gas prices to soar.

Ethereum miners now make more money from gas fees than from block rewards. In January alone, miners made a staggering 830m USD.

The question is: Is this not an attempt to get a lion share of the DeFi boom since they can still confirm transactions for some fractions of the current high gas?

I think it slowly drifted away and Ethereum gas fees become the worst nightmare of Ethereum Network users and this is already changing because the concentration of the volume was slowly transferred to BSC and some for Tron thats the reason why BNB price was increasing so fast thats why if you are aware of the cost while doing Ethereum Transaction use the BSC instead.

[robert20]

It's not news that the Ethereum gas fees have continued to soar, no thanks to the boom of the DeFi ecosystem. And Ethereum network being the most popular platform for DeFi innovation, the network is always congested which has made gas prices to soar.

Ethereum miners now make more money from gas fees than from block rewards. In January alone, miners made a staggering 830m USD.

The question is: Is this not an attempt to get a lion share of the DeFi boom since they can still confirm transactions for some fractions of the current high gas?

Maybe for now Ethereum become the no1 in Defi Ecosystem, but Binance Smart Chain will defeat it, Binance provides a very cheap gas fee than Ethereum, and don't forget that many defi projects in BSC become successful like Pancake, TWT, SFP, that are some example

BSC will beat Ethereum for sure

But the price of the coin that is used for BSC transaction fee is much lower in comparison witg ETH price. And it is using new technologies and after the launch of ETG 2.0 then we can compare tgem correctly.

[aiviaa485]

This DEFI project is indeed very strange and very profitable for those who are experts in cryptocurrency mining.
I say the DEFI project is strange because this DEFI makes it easy for every coin transaction but this transaction fee is very strange because it is very expensive.
In my opinion, if the DEFI project is new in terms of cryptoccurency and gives the best for every coin sending, it should not kill the sender of the coin.

[Seerge]

The increasing price of ETH Gas is very profitable for ETH miners, but not for me. I have an ERC-20 token that I should be able to sell, but failed because of the Expensive GAS ETH. I am very disappointed, when Eth's price went down, now the price of GAS ETH went up.

[Hope4life]

I think miner not doing anything wrong here, with the crazy increase in gas fees making miners get huge profits. I'm sure they like these conditions, With the announcement of the release of eth 2.0 I hope this problem is resolved soon. The DeFi project is really massive and it's burdensome for small transactions.

[Falcon]

Miners are always the winner in times like this where the transaction fee is expensive. We are required to transaction in minimum or higher level for fast transaction. Lower than the minimum fee take so long before you will have it.. While miners are in fiestas to deliver our orders. I think miners now are all rich.

[UNIVERSE]

This really become a big problem for Ethereum. The gas fee is very high and it is really o er that  it should be. We cannot wait for this like that again. Many projects will probably leave the erc20 platform and turn into another more friendly platform