In proof of work blockchains, miners play a key role by validating transactions and contributing resources to secure the network. In compensation for their contributions, miners are rewarded with coins which are issued every block. Following Ethereum’s merge, the network replaced miner services with a Proof of Stake approach that relies on validating new blocks for the chain instead of traditional Proof of Work mining. The merge decreased ETH issuance by 85%-90% to 1700–1800 ETH per day. Assumptions were made that by rewards decreasing and not being available to be withdrawn, since they are locked on the Beacon Chain ... (full story)