diff --git a/config/version.go b/config/version.go
index b57e82289a..5a1b31ce0e 100644
--- a/config/version.go
+++ b/config/version.go
@@ -18,7 +18,6 @@ package config
 
 import (
 	"fmt"
-	"runtime"
 	"strconv"
 )
 
@@ -136,11 +135,6 @@ func GetAlgorandVersion() string {
 	return currentVersion.String()
 }
 
-// GetAlgorandVersionAndBuild retrieves the current version and build
-func GetAlgorandVersionAndBuild() string {
-	return fmt.Sprintf("algod/%d.%d.%d (%s; commit=%s) %s(%s)", currentVersion.Major, currentVersion.Minor, currentVersion.BuildNumber, currentVersion.Channel, currentVersion.CommitHash, runtime.GOOS, runtime.GOARCH)
-}
-
 // GetLicenseInfo retrieves the current license information
 func GetLicenseInfo() string {
 	return "go-algorand is licensed with AGPLv3.0\nsource code available at https://github.com/algorand/go-algorand"
diff --git a/daemon/algod/server.go b/daemon/algod/server.go
index 1d58a66468..67aaaeb4f2 100644
--- a/daemon/algod/server.go
+++ b/daemon/algod/server.go
@@ -28,6 +28,7 @@ import (
 	"os"
 	"os/signal"
 	"path/filepath"
+	"runtime"
 	"strings"
 	"syscall"
 	"time"
@@ -230,8 +231,15 @@ func (s *Server) Initialize(cfg config.Local, phonebookAddresses []string, genes
 			NodeExporterPath:          cfg.NodeExporterPath,
 		})
 
-	var algodEnvironmentAlgodVersionCounter = metrics.MakeCounter(metrics.MetricName{Name: "algod_environment_algod_version", Description: "Version of the Algod binary"})
-	algodEnvironmentAlgodVersionCounter.Inc(map[string]string{"version": config.GetAlgorandVersionAndBuild()})
+	var currentVersion = config.GetCurrentVersion()
+	var algodEnvironmentAlgodVersionGauge = metrics.MakeGauge(metrics.MetricName{Name: "algod_environment_algod_version", Description: "Version of the Algod binary"})
+	algodEnvironmentAlgodVersionGauge.SetLabels(1, map[string]string{
+		"version": fmt.Sprintf("%d.%d.%d", currentVersion.Major, currentVersion.Minor, currentVersion.BuildNumber),
+		"goarch":  runtime.GOARCH,
+		"goos":    runtime.GOOS,
+		"commit":  currentVersion.CommitHash,
+		"channel": currentVersion.Channel,
+	})
 
 	var serverNode ServerNode
 	if cfg.EnableFollowMode {