Dec 7, 2022

Ethereum’s energy switch saves as much electricity as entire Ireland uses

Posted by in categories: bitcoin, cryptocurrencies, energy

The success of The Merge concept may now serve as a roadmap to enable a switch from Proof of Work to Proof of Stake in Bitcoin.

Ethereum, the world’s second-largest crypto asset by market cap, has drastically changed its energy usage, saving a country-size proportion of power consumption.

This radical update most likely reduced the power consumption of the crypto network by 99.84 percent to 9.99 percent, according to a paper published by peer-reviewed data-science journal Patterns on Tuesday.


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  1. Very important link. Thanks.