Ethereum is out to reduce its power consumption by a massive 99%. The most recent news cites how Ethereum will use up monumentally less energy post its shift to PoS.
The report comes from the latest article on the Ethereum Foundation’s blog. Written by Carl Beekhuizen, it claims that the major blockchain’s move from mining to staking will reduce energy use by 99.95%. With the title ‘A country’s worth of power, no more!’, the post gives details on what the expected numbers of energy use are and where they will originate from.
Further, the article goes on to compare t…
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Source: Cryptocurrency - investing.com
