15,626,576 Ether minted by miners every year. Just think about that for a second... It's inflationary and designed to lose value, just like fiat. It's a major flaw.
I find 4,855,015 ethers per year (for 2 ethers per block and a rate of 1 block every 13 seconds:
https://etherscan.io/chart/blocktime). This is a 3.8% rate, just like... BTC and BCH.
Awesome news. I thought the block reward was 5 per block. Thank you for the correction.
It's still being mined by Genesis, in Iceland. What is your opinion on Genesis mining?
HEX is 'designed' to increase in value.
The tail emission is to provide a base level of security, which Bitcoin does not provide, which will eventually need to function solely on
transaction fees.
Besides that, ETH will burn fees, so it has the potential to be deflationary should the network be popular enough.
