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Ethereum Plans to Cut Its Absurd Energy Consumption

Posted in bitcoin, cryptocurrencies, energy

The problems with cryptocurrencies and their energy usage are well-known. However, Ethereum is planning to address the issue. They’re planning on doing a 99% decrease in the amount of energy used in obtaining new coins.

It would be good for other cryptocurrencies to take this problem just as seriously.

The cryptocurrency is going on an energy diet to compete with more efficient blockchains.

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