3 ms·
No, it didn't. The amount of electricity used doesn't increase because of network congestion, and with Ethereum's mining reward system, there is no incentive fo
by rglullis 5y ago
No, it didn't. The amount of electricity used doesn't increase because of network congestion, and with Ethereum's mining reward system, there is no incentive for miners to increase their hash rate just for high-congestion moments.
Lastly, these reports really need to stop denominating things in USD. 64k ETH were burned, the dollar amount is not related to it.