Format Online paper / PDF
Location PART 2 - FOUR HIDDEN CHIMNEYS CHAPTER 10: BUILDING-BLOCK REALITY True Neutral

"Independent measurements estimated that the Merge reduced Ethereum’s annualized electricity consumption by more than 99.988 percent."

CCRI estimated annualized electricity consumption falling from 22,900,320 MWh before the Merge to 2,600.86 MWh after it, a reduction greater than 99.988 percent.

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Source title The Merge – Implications on the Electricity Consumption and Carbon Footprint of the Ethereum Network
Source authors Crypto Carbon Ratings Institute
Source year 2022
Confidence high
Importance high
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