Cryptocurrency energy consumption

UNDERSTANDING THE IMPACT OF ETHEREUM UPGRADE CUTTING ENERGY CONSUMPTION BY OVER 99%

In a significant upgrade, Ethereum, the Blockchain underlying the cryptocurrency Ether, wants to reduce the massive energy use in Ether mining by 99.95%. The firm has declared that it would abandon the current Proof-of-Work system in favour of one based on Proof-of-Stake (PoS) (PoW).Because of the latest upgrade, "Ethereum upgrade will have nearly the same energy consumption as operating a personal computer for each node on t

Lars M 30 Mar 2022 0 comments cryptocurrency energy consumption, Ethereum upgrade, Ethereum energy consumption chart, Ethereum energy consumption Cryptocurrency, cryptocurrency News

AS MORE RUSSIANS START CRYPTO MINING, ELECTRICITY CONSUMPTION ESCALATES IN IRKUTSK.

Cryptocurrency is the most significant turnaround of the 21 st century. Everybody wants to be a part of it. Crypto mining is the start to all of it. Over the past year, electricity suppliers in the Russian province of Irkutsk have witnessed a massive surge in power usage. The residents are blaming crypto mining companies. The power consumption has increased fourfold. The planes carrying crypto mining equipment from China

Lars M 11 Feb 2022 0 comments Crypto mining, best cryptocurrency to mine, most profitable crypto to mine, crypto mining companies, cryptocurrency energy consumption Updates, cryptocurrency News