How ethereum’s merge made cryp

2022-10-23

How ethereum’s merge made crypto mining more sustainable

After years of anticipation, the cryptocurrency ethereum

finally implemented a major network upgrade that completely changes how the blockchain verifies transactions, mints new coins and secures its network. Called proof-of-stake, this system has reduced ethereum’s energy consumption by more than 99%.

Energy usage has been one of the cryptocurrency industry’s biggest targets for critique. But it’s not likely that bitcoin will follow suit.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

DannDann
2022-10-23
DannDann
Good sharing! Good read! Thumbs up 👍🏻👍 have a great week ahead! 👋🏻
greyGrey
2022-10-23
greyGrey
rainbow ice cream
Sonoma
2022-10-23
Sonoma
thank you for sharing
Remotecam
2022-10-23
Remotecam
thanks for sharing.
Victor Ang
2022-10-23
Victor Ang
Thanks for sharing
YLS0721
2022-10-24
YLS0721
B

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