17 ms·
They changed the underlying algorithm for determining who to trust to validate transactions in the system. This new algorithm requires 1% of the computer power
by bsaul 4y ago
They changed the underlying algorithm for determining who to trust to validate transactions in the system. This new algorithm requires 1% of the computer power of the previous one, and supposedly work just as fine.
- mratsim 4y ago0.0089%: source https://ethereum.org/en/energy-consumption/ https://ethereum.org/en/energy-consumption/ using Digiconomist figures. 22000x less energy consumed than Youtube or gold mining and 10000x less than Netflix.