Ethereum Carbon Footprint Reduce 99.99% After Merge
Ethereum now consumes roughly 99.99 percent less energy. ETH’s overall electricity consumption per year is only 2,600 megawatts hours. Compared to Ethereum 1.0, Ethereum 2.0 is projected to use much less energy. According to a press release issued on Thursday, September 15, even more, than expected, Ethereum’s energy usage and carbon footprint have decreased after the Merger upgrade. Following the merge, Ethereum now consumes roughly 99.99 percent less energy. Furthermore, the blockchain’s carbon footprint has dropped by over 99.99 percent. The Ethereum Foundation estimated that, in the past, their merger would cut down the network’s energy consumption by almost 99.95%.