Ethereum remains one of the most influential blockchain networks in the world, powering decentralized applications, smart contracts, and a vast ecosystem of digital assets. Every block mined on the Ethereum network tells a story — a snapshot of activity, value transfer, and miner incentives. This article explores Ethereum Block 22,611,486, offering a detailed analysis of its structure, transaction dynamics, and economic significance.
Mined on June 01, 2025, at 05:58:23 UTC, this particular block provides valuable insights into how Ethereum operates post-upgrades, especially under the current proof-of-stake (PoS) consensus mechanism. We’ll break down key metrics such as gas usage, transaction volume, miner rewards, and network capacity to help you understand what happens behind the scenes when a block is confirmed.
Block Overview: Key Metrics at a Glance
Each Ethereum block contains a wealth of technical data. Let's examine the core attributes of Block 22,611,486:
- Block Number: 22,611,486
- Timestamp: June 01, 2025, 05:58:23 UTC
- Miner Address:
0x39...aa49
- Total Transactions: 122
- Internal Transactions: 78
- Block Size: 64,840 bytes
- Gas Used: 10,444,771 (29.01% of limit)
- Gas Limit: 35,999,965
- Total Value Transferred: 11.1729 ETH (~$28,392.63 at time of mining)
This block was successfully validated with no uncles (previously orphaned blocks), indicating stable network conditions during that period.
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Transaction Activity and Economic Flow
A total of 122 transactions were included in this block, moving approximately 11.17 ETH across the network. With an average transaction value of 0.0916 ETH (~$232.73) and a median value of 0.05779 ETH, we observe a mix of small-to-medium-sized transfers — typical for retail activity or DeFi interactions.
The presence of 78 internal transactions suggests complex smart contract operations. These are not standard wallet-to-wallet transfers but rather function calls within decentralized applications (dApps), such as token swaps on decentralized exchanges or yield farming deposits.
Notably, the value today has slightly increased to $28,514.75, reflecting minor ETH price appreciation since the block was mined. This illustrates how blockchain explorers allow users to track both historical data and current valuations.
Miner Reward and Incentive Structure
Under Ethereum’s PoS model, validators (formerly miners) receive rewards for proposing and attesting to blocks. In this case:
- Base Reward: 0.00814 ETH ($20.69)
- Fee Reward (from transactions): 0.02048 ETH ($52.04)
- Total Earned by Validator: 0.02862 ETH (~$72.73)
Despite the address being labeled "Unknown Miner," it likely represents a validator node operated by a staking pool or institutional participant. The absence of uncle rewards (0 ETH) confirms clean block propagation without competing chains.
The fee reward constitutes over 70% of the total earnings, highlighting the growing importance of transaction fees as block rewards decrease post-Merge.
Technical Parameters: Decoding the Block Header
Understanding Ethereum’s internal mechanics requires examining cryptographic and structural components:
- Hash:
0x11b...b842e
— Unique identifier for this block. - Parent Hash:
0x5de...302e4
— Links to the previous block, maintaining chain integrity. - State Root:
0xf08...dfde8
— Represents the global state after all transactions are executed. - Nonce:
0
— No longer used for mining under PoS; retained for compatibility. - Depth: 233,728 confirmations — Indicates how far back this block is in the chain.
- Capacity Utilization: 4.12% — Shows low network congestion at the time.
Low gas utilization (under 30%) suggests minimal demand pressure, allowing fast confirmation times and lower fees for users.
Network Context and Chain Continuity
Blockchain operates as a continuous ledger. To maintain trust and transparency, each block references prior ones. The list of recent blocks provided — from #22,845,213 down — reinforces the immutability and sequential nature of Ethereum’s blockchain.
These backward links enable:
- Verification of transaction history
- Detection of double-spends or reorganizations
- Auditing by developers and analysts
Such transparency is foundational to decentralization and security.
Frequently Asked Questions (FAQ)
What does “Mined on June 01, 2025” mean if Ethereum uses proof-of-stake?
Although Ethereum no longer uses energy-intensive mining, the term "mined" is still commonly used to describe when a block is proposed and added to the chain by a validator under PoS.
Why is there a “Miner Reward” if there are no miners?
The reward system persists under staking. Validators earn ETH for proposing blocks and including transactions — these are often labeled as "miner rewards" for legacy consistency across explorers.
How is the “Value Today” different from the original sent amount?
The original value was calculated using the ETH price at the time of the block. “Value Today” reflects current market rates, showing appreciation or depreciation over time.
What are internal transactions?
Internal transactions occur when a smart contract triggers a transfer that isn’t directly signed by an external wallet. They’re not stored on-chain but are derived from execution traces.
Why is difficulty listed as zero?
Post-Merge Ethereum uses PoS instead of PoW (proof-of-work), so traditional difficulty metrics no longer apply. Most explorers display zero or N/A for backward compatibility.
Can anyone become a validator?
Yes, anyone can stake 32 ETH to run a validator node or join a staking pool with smaller amounts through liquid staking protocols like Lido or Rocket Pool.
The Role of Blockchain Explorers in Transparency
Tools like blockchain explorers empower users to independently verify transactions, monitor network health, and analyze trends without relying on centralized intermediaries. Whether you're tracking a payment, auditing a dApp, or researching validator behavior, access to raw data fosters trust in decentralized systems.
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Core Keywords Integration
Throughout this analysis, we’ve naturally integrated essential SEO keywords relevant to blockchain research and user search intent:
- Ethereum block
- Blockchain explorer
- Transaction details
- Gas usage
- Validator reward
- Smart contract
- Internal transactions
- Proof-of-stake
These terms align with common queries from developers, investors, and crypto enthusiasts seeking reliable on-chain insights.
Final Thoughts: The Power of On-Chain Data
Ethereum Block 22,611,486 may seem like just another entry in an endless chain — but it encapsulates critical elements of modern blockchain functionality: decentralization, economic incentives, cryptographic security, and programmable value transfer.
By analyzing individual blocks, we gain deeper appreciation for how trustless systems operate in practice. Whether you're new to crypto or an experienced analyst, understanding these fundamentals unlocks greater confidence in navigating the digital asset landscape.
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