Ethereum Plans to Cut Its Absurd Energy Usage by 99%


#1

https://spectrum.ieee.org/computing/networks/ethereum-plans-to-cut-its-absurd-energy-consumption-by-99-percent

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


#2

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.


#3

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


#4

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


#5

haha not too far from the truth.