PoW vs PoS $225,907,500 Savings So Far

Hello Redditors,

I was reviewing the status of Ethereum today after the merge, it's been 14 days and wanted to see how we are doing.

I was using https://ultrasound.money/ to check on the supply of Ethereum and compare supply before and after merge.

If we were still on PoW we would have produced 180,329 Ethereum. Since we moved to PoS we have produced 8,554 Ethereum instead.

Doing some math using today's prices, say $1300 per Ethereum.

180,329 * 1300 = $237,027,700 (PoW production of Ethereum)

8,554 * 1300 = $11,120,200 (PoS production of Ethereum)

11,120,200 – 237,027,700 = – $225,907,500.

What this tells me is that since the merge, Ethereum would have normally produced an additional $225,907,500 to it's market cap, which is usually collected by miners and maybe sold on exchanges. That's only in 14 days.

This is massive with the current state of things.

I believe the next bull run is going to be massive when the supply actually starts going negative combined with stackers trying to stake more to get higher rewards, just like what we saw with miners fighting over GPUs pushing the price of GPUs to the moon, stackers will be fighting over Ethereum coins.

What are your thoughts? Did I make any mistakes or overlook something?

Nothing posted here is financial advice. This is only for entertainment purposes.