> We found two blocks in our 12 day span, 14,217,123 and 14,241,282, for which miner profits from MEV exceeded four times the block reward.
I hope this becomes more common knowledge! All mining calculators are wrong as they predict earnings that are upwards of 80% lower than reality, for some people. There have been extended periods of time (weeks, months) where this has been true.
This is also one of the promises of the blockchain concept, in the Satoshi paper for Bitcoin, the idea is for transaction fees to exceed the block reward subsidy, in Bitcoin the hope is that it occurs before the year 2140, in Ethereum it has been occurring for several years, which is a great big deal. But it doesnt mean the outcome is good, we just dont have to wait to see how it plays out.
I hope this becomes more common knowledge! All mining calculators are wrong as they predict earnings that are upwards of 80% lower than reality, for some people. There have been extended periods of time (weeks, months) where this has been true.
This is also one of the promises of the blockchain concept, in the Satoshi paper for Bitcoin, the idea is for transaction fees to exceed the block reward subsidy, in Bitcoin the hope is that it occurs before the year 2140, in Ethereum it has been occurring for several years, which is a great big deal. But it doesnt mean the outcome is good, we just dont have to wait to see how it plays out.