Gas Dives 10% on the Merge PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Gas Dives 10% on the Merge

Gas prices fell by as much as 10% today at the same time as ethereum turned off its energy usage by upgrading to Proof of Stake.

Natural gas e-mini futures fell to $8.30 from above $9, in part because many ethereum miners used gas as part of their electricity heavy Proof of Work process.

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