{"id":504696,"date":"2022-10-29T12:15:00","date_gmt":"2022-10-29T09:15:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/the-merge-brings-down-ethereums-network-power-consumption-by-over-99-9\/"},"modified":"2022-10-29T12:15:00","modified_gmt":"2022-10-29T09:15:00","slug":"the-merge-brings-down-ethereums-network-power-consumption-by-over-99-9","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/the-merge-brings-down-ethereums-network-power-consumption-by-over-99-9\/","title":{"rendered":"# The Merge brings down Ethereum\u2019s network power consumption by over 99.9%"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a359b317b07d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a359b317b07d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/the-merge-brings-down-ethereums-network-power-consumption-by-over-99-9\/#%E2%80%9D_The_Merge_brings_down_Ethereums_network_power_consumption_by_over_999_%E2%80%9C\" >&#8221; The Merge brings down Ethereum\u2019s network power consumption by over 99.9% &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_The_Merge_brings_down_Ethereums_network_power_consumption_by_over_999_%E2%80%9C\"><\/span>&#8221; The Merge brings down Ethereum\u2019s network power consumption by over 99.9% &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-4b69a2fe>The Merge, which is considered one of the most significant blockchain upgrades on Ethereum (ETH) to date, brought down the network\u2019s energy consumption by 99.9% im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely.<\/p>\n<p>On Sept. 15, the Ethereum blockchain migrated from proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism in an effort to transition into a green blockchain. What followed was an immediate and steep drop in total energy consumption of the Ethereum network.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-10\/df79953e-f65b-43fe-a0e3-672b5e3c9707.png\"><figcaption style=\"text-align: center;\"><em>The Ethereum Energy Consumption Index. Source:\u00a0digiconomist.net<\/em><\/figcaption><\/figure>\n<p>Before the Merge upgrade, in 2022, the energy consumption of Ethereum ranged between 46.31 terawatt hour (TWh) per year to 93.98 TWh per year. The lowest energy consumption for Ethereum was recorded on Dec. 26, 2019, at 4.75 TWh per year.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-10\/afd2a172-7eaf-4717-a16e-db5c7e898679.png\"><figcaption style=\"text-align: center;\"><em>The estimated annual energy consumption in TWh\/yr for various industries. Source:\u00a0ethereum.org<\/em><\/figcaption><\/figure>\n<p>Starting from Oct. 15, the day of the Ethereum Merge, Ethereum\u2019s energy dropped down by over 99.9% and continues to maintain low energy usage. As a result, the network\u2019s carbon footprint currently stands at 0.1 million tonnes of CO2 (MtCO2) per year.<\/p>\n<p>When translated to single Ethereum transactions, the electrical consumption is as low as 0.03 kilowatt hour (kWh) and the carbon footprint stands at 0.01 kgCO2, which <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/digiconomist.net\/ethereum-energy-consumption\">according<\/a> to digiconomist, is equivalent to the energy used when watching two hours of YouTube.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Ethereum sets record ETH short liquidations, wiping out $500 billion in 2 days<\/em><\/strong><\/p>\n<p>Despite the celebrations around Ethereum\u2019s transition to PoS, community members raised concerns related to the blockchain\u2019s centralization and higher regulatory scrutiny.<\/p>\n<p>The centralization aspect became evident right after the Merge, as 46.15% of the nodes for storing data, processing transactions and adding new blockchain blocks could be attributed to just two addresses.<\/p>\n<p>While Ethereum proponents claim that anyone with 32 ETH can become a validator, it is important to note that 32 ETH, or around $41,416, is not a small amount for a newbie or common trader.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/the-merge-brings-down-ethereum-s-network-power-consumption-by-over-99-9\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; The Merge brings down Ethereum\u2019s network power consumption by over 99.9% &#8220; The Merge, which is considered one of the most significant blockchain upgrades on Ethereum (ETH) to date, brought down the network\u2019s energy consumption by 99.9% immediately. On Sept. 15, the Ethereum blockchain migrated from proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism&#8230;<\/p>\n","protected":false},"author":1,"featured_media":504697,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTAvNTQ5MDM1MzQtMDExYi00Mzg4LWE0ODAtODUxZTQ2YmMzMTgyLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[78717,74891,74876,75578,74355,70752],"class_list":["post-504696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-energy-consumption","tag-ethereum","tag-proof-of-stake","tag-proof-of-work","tag-adoption","tag-energy"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/504696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=504696"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/504696\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/504697"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=504696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=504696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=504696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}