4 ms·

The energy used to secure PoW networks is indeed wasteful. But just a heads-up, Ethereum is currently transitioning to Proof of Stake consensus mechanism which

The energy used to secure PoW networks is indeed wasteful. But just a heads-up, Ethereum is currently transitioning to Proof of Stake consensus mechanism which will reduce electricity costs by an order of magnitude.

h4kor 6y ago
How long and how often have the announce the transition yet?
- T0Bi 6y ago
  Well Phase 0 is already live with a lot of people staking.. Don't pretend like it's never going to happen