January 02, 2019 BY Mariela Naydenova

Ethereum to cut its energy consumption by 99%

While most people are concerned with the energy consumption of Bitcoin, or rather, the process of its mining, many fail to acknowledge that Ethereum, among the top three cryptocurrencies in the world by market cap, is consuming not less energy than the "people's currency". Ethereum reportedly consumes around 25%-50% of what Bitcoin does, which means…

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