Cambridge Compares Ethereum Energy Use With PoS Networks
A new Cambridge study placed Ethereum near the lower end of energy intensity among major proof-of-stake (PoS) blockchains, although the network still used more electricity overall than most of the PoS networks studied. The Cambridge Centre for Alternative Finance estimated that Ethereum consumes about 7.87 gigawatt-hours (GWh) of electricity annually. When adjusted for market value, … Read more