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Miguel Piedrafita ✨@m1guelpfover 3 years ago

Energy consumption seems to be the number 1 complaint from crypto skeptics. The Ethereum team knows this, and has been working for years on a network upgrade happening in 2022, reducing consumption by ~894x Under maximum load, Ethereum will use 0.1% of the energy Visa consumes!

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Miguel Piedrafita ✨@m1guelpfover 3 years ago
Replying to @m1guelpf

As for the current energy consumption, It's definitely not great (Ethereum uses around the same energy as the country of Finland every year), but it still represents a massive improvement from Bitcoin's consumption (which it falsely attributed to Ethereum sometimes) https://t.co/z61DFOMjXD

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Miguel Piedrafita ✨@m1guelpfover 3 years ago
Replying to @m1guelpf

All this stats are coming directly from the official Ethereum documentation! They're also open-source, and they invite anyone who disagrees on their calculations to submit a PR correcting them 😁 https://t.co/MAc9OB2FaV

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