Ethereum’s greenhouse gas emissions have dropped by approximately 99.97% since switching to POS
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."
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.
You may also like
SUI Token Surges as Analysts Highlight Promising Patterns and Predictions
In Brief SUI token demonstrates strong performance with significant recent price increases. Technical patterns suggest potential bullish trends and buying opportunities. Analysts project ambitious targets, including a possible rise to $10 or more.
STX Token Surges as New Financial Opportunities Emerge in the Stacks Ecosystem
In Brief The STX token has surged by 56%, reaching a two-month high. BitGo introduced sBTC to enhance Bitcoin's usability in decentralized finance. Liquidity in the Stacks ecosystem is increasing, attracting more users and developers.
U.S. stocks opened, S&P 500 rose 0.1%
Uniswap Web App Adds LP Rewards Function
Trending news
MoreCrypto prices
More
