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September 17, 2022 05:49 pm GMT

What Ethereum's big "merge" means for energy efficiency

Ethereum's blockchain switched successfully this week from using proof of work to validate transactions to using proof of stake. The immediate results: a massive drop in its carbon footprint and a slump in the price of GPUs, the peripherals that can no longer be used crank out crypto (bitcoiners mostly use ASICs nowadays). — Read the rest


Original Link: https://boingboing.net/2022/09/17/what-ethereums-big-merge-means-for-energy-efficiency.html

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