2min chapter

web3 with a16z crypto cover image

State of Crypto: Trends, Data, More

web3 with a16z crypto

CHAPTER

The Impact of the Ethereum Merge on Energy Consumption

In September of last year, which feels like a long time ago now, Ethereum transitioned to a new consensus mechanism. It was more than 99.9% of energy consumption has been reduced. And if you compare that to other well-known products in industries, you can see that proof of stake Etherum is very, very low on that comparison.

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