The Merge brings down Ethereum’s network power consumption by over 99.9%

by Aurelia Butler 29 October 2022, 11:00 199 Views

On Sept. 15, the Ethereum blockchain migrated from proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism in an effort to transition into a green blockchain. What followed was an immediate and steep drop in total energy consumption of the Ethereum network.

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Source: Cryptocurrency - investing.com

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The Merge brings down Ethereum’s network power consumption by over 99.9%

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