With the completion of the major upgrade to its software, the Ethereum (ETH) ecosystem is expected to become a lot greener, as guaranteed by its co-founder Vitalik Buterin and the non-profit ມູນລະນິທິ Ethereum.
Indeed, the inventor of Ethereum has stressed the importance of the ປ້ອນຂໍ້ມູນ upgrade, which marks the network’s transition from the ຫຼັກຖານສະແດງຂອງທີ່ເຄີຍເຮັດ (PoW) to the Proof-of-Stake (PoS) consensus mechanism, in a tweet ຈັດພີມມາໃນວັນທີ 15 ກັນຍາ.
As Buterin explained:
“The merge will reduce worldwide electricity consumption by 0.2%”
In his tweet, he was directly quoting Justin Drake, a researcher at the Ethereum Foundation, who made the claim at a live stream of the event.
Decreasing electricity consumption on the network and worldwide
Moreover, the non-profit organization dedicated to supporting Ethereum and related technologies also stated on the Merge webpage, last updated on September 15:
“The Merge reduced Ethereum’s energy consumption by ~99.95%.”
After the Merge, the total energy consumed by Ethereum to secure the network now amounts to nearly 0.01 TWh/yr. Prior to the Merge, the platform used about 112 TWh/yr, according to the organization’s ຂໍ້ມູນ.
In other words, the entire post-Merge Ethereum network now consumes less energy than gaming or platforms such as Netflix (NASDAQ: NFLX) or PayPal (NASDAQ: PYPL). By comparison, Bitcoin’s PoW mining uses about 200 TW/yr.
Ethereum PoW miners look for alternatives
Meanwhile, the ETH miners that were left with dwindling options after the upgrade – giving up mining and ໃນລະຫວ່າງສ່ຽງ ETH instead or switching to other chains, are now turning en masse to alternatives such as Ravencoin (RVN), whose hash rate skyrocketed post-Merge.
Expecting the Ethereum price to drop after the Merge, many traders dumped their holdings onto exchanges, resulting in the massive ETH inflow to these exchanges in the days leading up to the event, as ນ້ ຳ ມັນ Finbold ລາຍງານກ່ອນໜ້ານີ້.
ໃນເວລາຂ່າວ, ການເງິນການແບ່ງປັນສູນກາງ (Defi) token traded at $1,593, down 0.02% on the day, as well as 2.63% across the previous seven days.
The market capitalization of the world’s second-largest cryptocurrency by this indicator currently stands at $194.77 billion, as per CoinMarketCap ຂໍ້ມູນ.
ປະຕິເສດ: ເນື້ອຫາຢູ່ໃນເວັບໄຊທ໌ນີ້ບໍ່ຄວນຖືວ່າເປັນຄໍາແນະນໍາດ້ານການລົງທຶນ. ການລົງທຶນແມ່ນຄາດຄະເນ. ເມື່ອລົງທຶນ, ທຶນຂອງເຈົ້າມີຄວາມສ່ຽງ.
Source: https://finbold.com/ethereum-founder-merge-will-reduce-worldwide-electricity-consumption-by-0-2/