An analysis of empty blocks on Ethereum

Quick Take

  • Empty blocks on Ethereum are defined as blocks that include zero transactions
  • Since Ethereum went live in 2015, approximately 18% of blocks mined were empty
  • Mining pools DwarfPool1 and F2Pool1 have contributed to approximately 40% of all empty blocks on Ethereum

Due to the structure of mining on proof-of-work-based blockchain networks, miners are incentivized to mine empty blocks. The Block has previously explained this game theory in our analysis of empty blocks on Bitcoin.

On Bitcoin, empty blocks are a misnomer, as these blocks do include one transaction: the coinbase block reward transaction.