Ethereum's Transition to Proof-of-Stake Significantly Reduces Carbon Footprint and Energy Consumption
07/21 14:00
The implementation of Ethereum's proof-of-stake consensus mechanism, The Merge, has led to a significant reduction in its annual carbon footprint, resulting in a decrease of over 99% in carbon footprints and more than 99.9% in annual electricity consumption. In contrast, Bitcoin's carbon footprint has increased significantly over the past three years, with annual emissions estimated to surpass the yearly greenhouse gas emissions of countries like New Zealand and Cambodia.
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