Ethereum Plans to Cut Its Absurd Energy Usage by 99%


If this is true it would be an amazing and important development


Bitcoin uses as much electricity as Ireland
Ethereum as much as Iceland

A typical Ethereum transaction uses more than the average daily energy of a US household.

This is an invisible catastrophe.


They are cutting the energy used for transactions, but not for mining


a start anyway. Someone compared it to getting rewards points for leaving your car idling in the driveway.


haha not too far from the truth.