Home Blockchain News Inside Ethereum’s Plan To Reduce Energy Consumption by 99%

Inside Ethereum’s Plan To Reduce Energy Consumption by 99%

by Rss Feed from web
320 views
cryptocurrency news feed

Ethereum intends to move to proof-of-stake in the future. Making a move to POS will supposedly cut the energy consumed by a hundredfold, or around 99%. There have been repeated claims that cryptocurrency uses too much energy and is therefore inefficient and environmentally unfriendly. Some reports find that mining cryptocurrency uses more energy than gold

The post Inside Ethereum’s Plan To Reduce Energy Consumption by 99% appeared first on CCN

Click To Read Full Article

* First published on ccn.com

Related Posts

Leave a Comment