$98,541.00
5.90%$3,491.54
5.19%$2.33
7.63%$694.51
2.06%$195.92
5.97%$0.335008
7.81%$1.00
0.06%$3,486.52
5.03%$0.935698
6.47%$0.257546
3.15%$41.22
11.95%$24.74
10.34%$5.76
5.05%$4,148.86
4.99%$0.00002311
6.58%$4.64
8.85%$98,136.00
6.11%$0.321424
20.05%$0.403362
14.12%$7.53
7.89%$30.87
15.46%$3,496.21
5.26%$474.86
7.31%$9.44
1.73%$14.54
7.27%$109.22
7.49%$0.00001921
8.63%$4.92
22.13%$5.56
8.94%$3,691.38
4.86%$0.999446
0.19%$375.48
6.38%$9.75
5.75%$1.002
0.52%$11.19
11.29%$0.166273
7.19%$0.528161
11.43%$0.053015
15.61%$28.15
7.21%$1.24
6.20%$7.86
10.57%$497.93
9.64%$1.39
9.45%$3.78
1.55%$24.91
2.54%$191.54
1.21%$0.821106
7.98%$5.48
11.64%$0.396574
11.72%$1.056
3.23%$3.09
15.22%$0.121425
3.47%$47.05
3.87%$0.98667
1.41%$7.09
8.48%$1.77
10.03%$1.95
8.89%$0.00003329
8.22%$5.37
7.27%$1.48
9.49%$1.70
6.27%$2.40
7.52%$0.03715809
36.25%$23.20
10.14%$0.229146
10.61%$3,489.88
4.63%$98,569.00
5.98%$2.05
7.81%$0.997009
-0.32%$0.891842
11.78%$0.470926
10.92%$2.35
8.29%$0.03875631
18.53%$5.43
8.05%$3,912.46
5.14%$3,600.43
4.99%$0.00018089
7.29%$119.56
11.20%$13.67
3.22%$1.89
12.14%$0.03906885
11.49%$3,677.49
4.86%$20.01
1.63%$0.03020229
8.05%$0.02806515
9.27%$0.99995
0.15%$0.624481
11.18%$98,324.00
5.65%$1.45
12.75%$1,656.67
8.22%$5.00
5.92%$0.398842
9.90%$0.14365
14.31%$3.33
0.00%$1.40
5.60%$11.31
1.05%$0.231303
5.87%$7.68
13.23%$0.874635
10.01%$1.04
21.27%$98,442.00
5.76%$3,598.19
5.32%$200.40
5.91%$0.083735
6.85%$37.59
8.46%$0.797092
9.81%$0.345375
15.53%$0.896369
8.48%$1.65
14.15%$17.77
10.11%$0.507927
8.68%$0.00000118
4.20%$57.39
7.12%$1.59
10.50%$0.979942
8.27%$244.35
5.87%$69.70
14.08%$15.46
9.35%$6.93
11.78%$1.15
6.16%$1.057
46.93%$37.12
10.13%$0.52804
11.47%$0.54126
14.17%$98,180.00
5.98%$3,487.12
4.67%$0.00000243
12.94%$1.25
7.97%$5.38
7.82%$98,093.00
5.77%$3.15
5.61%$0.093874
10.04%$0.774024
21.43%$3.99
8.41%$3.37
10.54%$0.294437
11.43%$14.29
6.41%$1.78
19.13%$0.169459
9.58%$3,498.82
5.43%$0.01462843
30.49%$0.654584
9.27%$2.28
14.09%$0.786117
5.08%$86.85
8.61%$0.998774
0.21%$2.58
8.20%$209.35
6.09%$0.204605
12.13%$0.806848
15.50%$0.749777
6.90%$2.01
6.40%$0.00003787
5.37%$3,495.35
5.02%$20.05
35.53%$0.00729974
5.55%$279.85
7.26%$1.59
10.52%$0.809274
9.94%$0.0084293
5.51%$0.00679269
7.61%$0.334603
7.17%$0.00984052
18.79%$98,465.00
5.15%$0.00012049
6.91%$5.86
10.15%$1.018
-0.14%$3,673.76
5.22%$2,617.53
-0.22%$0.994699
0.03%$0.62587
24.74%$0.00
5.00%$3,795.84
5.36%$1.28
8.09%$0.089396
9.34%$2.46
-1.05%$0.00671842
7.47%$11.51
12.86%$0.061368
25.83%$37.38
20.69%$28.04
5.79%$0.41833
9.25%$3,502.03
5.13%$36.71
20.90%$0.277061
8.65%$0.01222836
10.11%$1.072
-0.96%$17.79
8.36%$1.00
0.15%$0.078805
0.15%$1.63
11.25%$44.52
21.43%$0.340445
19.14%$1.30
2.20%$0.00000054
2.82%$98,752.00
6.00%$1.28
4.94%$2,630.35
0.34%$0.52059
1.05%$3,486.85
4.83%$0.476714
10.63%$96,945.00
5.71%$3,499.09
5.04%$0.999257
0.09%$4.94
6.50%$0.0065306
9.13%$0.064909
6.55%$0.07077
5.77%$2.13
7.53%$0.00259974
9.25%$3,674.64
5.82%$98,258.00
5.90%$0.0066389
6.43%$0.02364505
12.00%$3,755.16
5.23%$0.00581239
8.39%$1.061
-0.10%$0.077467
5.70%$0.00104441
5.99%$0.00000357
23.58%$0.244801
10.71%$0.509393
12.12%$0.28821
30.34%$0.228052
10.13%$3.23
11.31%$0.996916
0.08%$3.17
10.28%$2.65
-0.30%$90.49
5.59%$1.00
0.23%$1.081
0.19%$0.04075273
3.50%$4.90
9.90%$0.04030643
13.73%$0.03245561
15.80%$5.13
2.70%$0.711823
8.90%$1.001
0.07%$48.63
11.62%$3,865.73
5.18%$0.00000018
5.88%$0.381179
7.07%$0.01124862
9.33%$0.03965197
7.76%$0.141399
4.06%$3.43
7.43%$1.003
0.14%$3,725.70
5.11%
Ethereum (ETH) mined its 10 millionth block today, marking a significant milestone for the world’s second largest cryptocurrency. Data from blockchain explorer Etherscan shows the 10 millionth block was successfully mined at exactly 01:22:13 PM (UTC).
In contrast, just 628,900 Bitcoin blocks have been mined, since it launched on January 3, 2009. However, Bitcoin blocks take much longer to be produced, around 10 minutes on average.
Launched in 2015, Ethereum was envisioned as a decentralized “world computer.” It soon rose to prominence in the market cap top 100, before exploding in value during the crypto market boom of 2017. It is currently the second-ranked coin by market cap.
Back in the day, CPUs were used to mine the coin, before graphics cards took over. Since then, larger mining machines, known as ASICs, which are dedicated to mining cryptocurrency, have taken over. These machines have rapdily spread up the mining game.
As noted by Luit Hollander in History of Ethereum Hardforks, it would take a consumer graphics card over 150 million years to compute the 15 zettahashes required to mine 10 million Ethereum blocks.
Cryptocurrency enthusiasts celebrated the milestone on social media, looking forward to seeing Ethereum progress further—especially in terms of scaling.
"Ethereum just reached 10M blocks! The progress from the genesis block in 2015 is incredible. There are many exciting layer 2 solutions launching this year (like keep_project, NuCypher, SkaleNetwork ) that will help ETH scale even further," tweeted Aaron Hensaw, founder of blockchain infrastructure provider Bison Trails.
Ethereum just reached 10M blocks! The progress from the genesis block in 2015 is incredible. There are many exciting layer 2 solutions launching this year (like @keep_project @NuCypher @SkaleNetwork ) that will help ETH scale even further 🚀https://t.co/rzL3SlCb17
— Aaron Henshaw (@aaronhenshaw) May 4, 2020
Ethereum’s whitepaper originally envisioned blocks to be processed every 12.6 seconds. In practice, the time between blocks has proven to be slightly higher. Data from Bitinfocharts shows ETH block times have arrived on average every 20 seconds or so—with occasional spikes as high as 50 seconds during periods of congestion.
Yet such milestones will soon be a thing of the past as Ethereum shifts towards a proof-of-stake consensus model in the coming years.
Update: The difference between the number of Ethereum blocks and Bitcoin blocks has been updated.
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