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After the Merge, Ethereum Network Energy Consumption Dropped By 99.9%

After the Merge, Ethereum Network Energy Consumption Dropped By 99.9%

The data shows that Ethereum Foundation fulfilled its promise to reduce energy consumption.

Ethereum Merge, one of the biggest Ethereum (ETH) technical updates, shifting ETH from a Proof-of-Work consensus mechanism to Proof-of-Stake, has drastically reduced ETH energy consumption.

According to the data shared by digiconomist, after Ethereum Merge on September 15th, cryptocurrency’s energy consumption dropped by 99.99%.

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Before the Merge, in 2022, the energy consumption for Ethereum caught its peak. Ethereum energy consumption ranged from 46.31 terawatt hour (TWh) per year to 93.97 TWh per year. The lowest energy consumption was recorded on December 25th, 2019, with 4.75 TWh per year.

Currently, Ethereum’s energy consumption equals 0.01 TWh per year, leaving a carbon footprint of 0.1 million tonnes of CO2 (MtCO2) per year

Moreover, after the Ethereum Merge, a single Ethereum transaction is responsible for a 0.03-kilowatt hour (kWh), leaving a 0.01 kgCO2 carbon footprint. Based on the digiconomist, these measures are equivalent to the energy used to watch two hours of YouTube videos.

The long-awaited Ethereum Merge was completed in two stages, Bellatrix and Paris. On September 6th, Bellatrix updated the network on the consensus layer. 

While Paris merged the Ethereum Mainnet execution layer with the Beacon Chain’s consensus layer. The Merge was triggered when the Terminal Total Difficulty (TTD) reached 58,750,000,000,000,000,000,000.

The Merge was expected to reduce energy consumption by 99.95%, which it surely did. Moreover, it promised to provide a faster transaction confirmation speed, increase security and bring more scaling solutions.

However, Ethereum’s journey doesn’t stop with the Merge. The team behind Ethereum is looking to increase its technical abilities with future updates, dubbed Surge, Verge, Purge, and Splurge.

Gile K., Market Sentiment Analyst
Gile is a Market Sentiment Analyst who understands what public events may form what emotions. Her experience researching Web3 news and public market messages – including cryptocurrency news reports, PRs, and social network streams – is critical to her role in helping lead the Crypto News Editorial Team.
As an intelligent professional in public relations, together with the team, she aims to determine real VS fake news patterns, and bring her findings to anyone searching for unbiased news and events happening in the FinTech markets. Her expertise is uncovering the latest trustworthy & informative Web3 announcements to the masses.
When she's not researching the trustworthiness of mainstream stories, she spends time enjoying her terrace view and taking meticulous care of her outdoor environment.

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