Ethereum - turning down the thermostat.
Posted: September 18th, 2022, 10:04 am
Having no interest in crypto, I'd never paid much attention to its energy consumption, but this article caught my eye.
Running Ethereum uses roughly the energy equivalent of Chile, or rather it did, because as of last week it is moving to a less hungry model.
The world's second-largest cryptocurrency is poised on the brink of a transformational overhaul. Within hours, "the merge" will happen, and the Ethereum network will eliminate 99.95% of its monstrous ~78 terawatt-hours per year energy consumption.
Perhaps instead of fulminating about 'big oil' the greens should have been focusing on 'big crypto'.
https://newatlas.com/technology/ethereum-merge/
V8
Running Ethereum uses roughly the energy equivalent of Chile, or rather it did, because as of last week it is moving to a less hungry model.
The world's second-largest cryptocurrency is poised on the brink of a transformational overhaul. Within hours, "the merge" will happen, and the Ethereum network will eliminate 99.95% of its monstrous ~78 terawatt-hours per year energy consumption.
Perhaps instead of fulminating about 'big oil' the greens should have been focusing on 'big crypto'.
https://newatlas.com/technology/ethereum-merge/
V8