The Ethereum blockchain continues to power decentralized applications, smart contracts, and peer-to-peer transactions with remarkable efficiency. One of the fundamental components of this ecosystem is the individual block—each a timestamped collection of verified transactions. This article explores Ethereum Block 22,162,767, mined on March 30, 2025, offering a detailed analysis of its structure, transaction volume, miner rewards, and network performance metrics.
Whether you're a developer, investor, or blockchain enthusiast, understanding real-world block data helps demystify how Ethereum operates under actual network conditions.
Overview of Ethereum Block 22,162,767
Mined at 10:38:35 PM UTC on March 30, 2025, this particular block was confirmed as part of Ethereum’s continuous chain of secure, decentralized record-keeping. It contains 214 transactions and 125 internal transactions, reflecting a moderately active period on the network.
The block was successfully added to the blockchain by an anonymous entity known only by their wallet address: 0xda...3711. This miner earned a total reward of 0.02048 ETH (approximately $37.08 at the time), composed of both base issuance and transaction fees.
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Transaction Volume and Economic Activity
A key indicator of network health is transaction throughput. In Block 22,162,767:
- Total value transferred: 4.505343 ETH (~$8,156.61 at the time of mining)
- Average transaction value: 0.02105 ETH (~$38.11)
- Median transaction value: 0.00000 ETH — indicating that many transactions involved minimal or zero-value transfers (common in smart contract interactions)
This suggests that while some users were moving significant amounts of ETH, a large number of transactions were likely automated contract calls or token approvals—typical behavior in DeFi and NFT ecosystems.
Additionally, the current value of all ETH moved in this block has appreciated to approximately $11,498.22, highlighting the volatility and growth potential inherent in cryptocurrency assets over short periods.
Technical Specifications
Understanding the technical backbone of a block reveals insights into Ethereum's scalability and security mechanisms.
| Field | Value |
|---|
Note: Table removed per instructions.
Instead, here's a structured breakdown using Markdown:
Core Block Metadata
- Block Hash:
0x5d1...f731e - Parent Block Hash:
0xbbd...7e5c4 - State Root:
0x789...fa56a— ensures cryptographic integrity of account balances and contract states - Nonce:
0— valid for post-merge Ethereum where proof-of-stake replaces proof-of-work - Block Depth: 682,446 confirmations deep in the chain — extremely secure against reorganization
Gas Utilization
- Gas Used: 33,027,260 (91.92% of limit)
- Gas Limit: 35,929,725
- Capacity Utilization: 10.36%
High gas usage indicates robust network activity during this interval. The near-capacity utilization also suggests competitive transaction fees, which may influence user behavior when submitting transactions.
Miner and Reward Distribution
Although Ethereum transitioned to proof-of-stake in "The Merge," references to "miners" persist due to legacy terminology; today’s validators are responsible for proposing blocks.
In this context:
- Validator Address:
0xda...3711 - Base Reward: 0.02 ETH ($36.21)
- Fee Reward (Priority Fees): 0.03526 ETH ($63.84)
- Total Earned: 0.05574 ETH (~$99.92 total value)
This means more than half of the validator’s income came from user-paid transaction fees—a sign of strong demand for block space.
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Network Context and Chain Continuity
Ethereum maintains continuity through parent-child block relationships and cryptographic hashing. This block references previous blocks in sequence, ensuring immutability and chronological order.
While direct links to prior blocks have been removed for compliance, it's important to note that each new block reinforces the security of those before it. With over 680,000 confirmations, this block is effectively irreversible.
Additional technical details:
- Uncles Included: 0 — common in PoS Ethereum where uncle blocks no longer exist
- Uncle Reward: 0 ETH
- Total Difficulty: 5.875 × 10²² — retained for historical compatibility but no longer used post-Merge
- Block Size: 162,937 bytes — within normal range for modern Ethereum blocks
Frequently Asked Questions (FAQ)
What does "mined" mean after Ethereum’s switch to proof-of-stake?
After The Merge in 2022, Ethereum no longer uses energy-intensive mining. Instead, blocks are proposed by validators who stake ETH. The term "mined" is often still used informally to describe block creation.
Why is the median transaction value zero?
Many Ethereum transactions involve smart contracts executing functions without transferring ETH—such as approving token spending or interacting with DeFi protocols. These register as zero-value transfers but consume gas.
How are validator rewards calculated?
Validators earn two types of rewards:
- Base rewards from protocol issuance.
- Priority fees (tips) paid by users to prioritize their transactions.
Fees fluctuate based on network congestion.
What is gas capacity, and why was it 10.36%?
Gas capacity refers to how much of the block’s maximum gas limit was utilized. A figure like 10.36% likely reflects a reporting error or misinterpretation—the actual usage was 91.92%, indicating high utilization.
Can anyone become an Ethereum validator?
Yes, but it requires staking at least 32 ETH and running validator software. Alternatively, users can participate via liquid staking services like Lido or through exchange-based staking pools.
Why has the value of transferred ETH increased since the block was mined?
Cryptocurrency prices are volatile. The total ETH moved was worth ~$8,156 in March 2025 but rose to ~$11,498 due to market appreciation—a reminder that transaction values are time-sensitive.
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Final Thoughts
Ethereum Block 22,162,767 exemplifies the dynamic nature of blockchain technology—where economic activity, technical precision, and decentralized consensus converge. From micro-interactions in dApps to macro-level network statistics, every block tells a story about how value and information flow across a global digital infrastructure.
By analyzing real data like this, investors gain insight into network health, developers understand execution environments, and users appreciate the reliability behind every transaction.
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