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Ethereum Energy Consumption Index - Digiconomist

Dec 17th 2023, 8:09 pm
Posted by adelen9626
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Ethereum has plans to change its proof-of-work algorithm to an power efficient proof-of-stake algorithm called Casper. This transformation would minimize energy consumption and will be applied regularly in line with the newest roadmap. For now, Ethereum continues to be operating on proof-of-work completely. In its current state your complete Ethereum community consumes more electricity than a variety of international locations. The chart beneath reveals how Bitcoin and Ethereum combined would rank among the many electrical energy consumption of total nations.

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