0

I've been reading these in-depth explanations of how the gas prices are calculated and looked briefly at the spreadsheet with various variations of gas price per "function" which is still not really clear.

https://whattomine.com/ I'm using the calculator but it's asking for "fee (%)" and I'm still trying to figure out what that is.

0

Fees are not a fixed percentage they depends on the network usage. It can go from zero if block is empty to several times the block reward. Also it varies a lot sometimes network is busy and fees are high other times network usage is low and so are fees.

  • Today at block 11800000 reward is 2 ethers and fees are 3.1 ethers.

  • Fifteen days ago at block 11700000 reward was 2 ethers and fees were 2.7 ethers.

  • Thirty days ago at block 11600000 reward was 2 ethers and fees were 1.6 ethers.

  • Around 277 days ago at block 10000000 reward was 2 ethers and fees were 0.07 ethers.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.