Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Ethereum’s greenhouse gas emissions have dropped by approximately 99.97% since switching to POS

Ethereum’s greenhouse gas emissions have dropped by approximately 99.97% since switching to POS

CointimeCointime2023/12/01 21:54
By:Cointime

The latest research from the Cambridge Alternative Finance Center (CCAF) shows that despite a significant increase in node numbers, greenhouse gas emissions from the Ethereum network have decreased by about 99.97% since the switch to proof-of-stake (POS).

CCAF stated in a report on Friday that the Ethereum network currently emits 2.8 kilotons of carbon dioxide equivalent (KtCO2e) per year, "specifically, this is equivalent to the emissions from five round-trip flights between London and New York, the annual emissions associated with energy consumption for 450 UK households, or the annual carbon sequestration capacity of 270 acres of forest."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Why should we have confidence in the AI Agent track?

AI Agent breaks the narrative logic of purely "on-chain" building Lego stacking towers in the past, presenting a new infrastructure construction demand that supports AI Agent's autonomy, immortality, and multimodal collaboration, integrating both on-chain and off-chain elements.

Chaincatcher2025/01/11 18:00

Bitcoin’s legitimization, BlackRock shatters records, buy-in soars: Spot bitcoin ETFs mark one-year anniversary

With one year in the books, spot bitcoin ETFs have generated over $660 billion in trading volume.After amassing over $50 billion in assets under management (AUM) in the past year, BlackRock’s IBIT fund emerged as the clear leader among spot bitcoin ETFs.Bitcoin’s standing as an accepted asset class took on new shape thanks to the new financial instruments.

The Block2025/01/11 16:22

Dewhales' partnership x TreeHouse

Dewhales Research2025/01/11 16:22