Ethereum Mining Needs More Energy Than Cyprus, Cambodia, Brunei

in #ethereum7 years ago

Ethereum energy consumption is more than the entire island of Cyprus, as well as Cambodia and Brunei, according to reports.

Mining of Ethereum, which is still available with standard home hardware, “could be consuming as much as 4.2 Terawatt-hours (tWh),” Business Insider notes, citing research by Digiconomist founder Alex de Vries.

The findings are part of the resource’s Ethereum Energy Consumption Index, launched to track expenditure as the network prepares to transfer from Proof-of-Work to Proof-of-stake model Casper.

Read more here: https://cointelegraph.com/news/ethereum-mining-needs-more-energy-than-cyprus-cambodia-brunei

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@steemcleaners
citing source doesnt fall under fair use as majority of content is copy pasted/plagiarized

Exchellent post..!!
Thank you for the sharing my friend_))