Power consumption will be reduced by 99% after ETH2.0 transition = Ethereum Foundation’s research
Expected to reduce power consumption of Ethereum
The Ethereum Foundation, which is involved in the core development of crypto asset Ethereum, released a report on the 18th that predicts power consumption after the transition to PoS. After the transition, he estimated that the power consumption will be less than 99.95% of the current level. The Ethereum Foundation (EF) is an organization that supports the developer community of the cryptocurrency Ethereum. In addition to supporting the developers of the decentralized community Ethereum, in April we launched the “EF Fellow” program to support change makers in developing countries. He also conducts international philanthropic activities using Ethereum. Currently, Ethereum, which adopts PoW, is said to consume 2.62 MW of energy, which is equivalent to the power consumption of 2,100 ordinary households in the United States, but after the transition to PoS (Proof of Stake), it is 2,000 minutes. It was estimated that it would reach the level of 1.