In the field of digital currency, the sharp drop in energy consumption after the merger of Ethereum, which is tens of thousands of times lower than that of Bitcoin, has attracted widespread attention. This change not only affects the ecology of the cryptocurrency market, but also has set off a profound thinking on energy utilization and sustainable development around the world. This article will explore in depth the changes in energy consumption after the merger of Ethereum, analyze its superiority over Bitcoin, and its implications for the future development of digital currency.

The sharp drop in energy consumption after the merger of Ethereum has amazed people. Compared with the energy consumption of Bitcoin, which is tens of thousands of times higher, the efficient energy utilization demonstrated by Ethereum has aroused heated discussions inside and outside the industry. This change not only highlights Ethereum's leading position in sustainable development, but also points out a clear path for the future development of the digital currency industry.

The energy consumption of Ethereum has dropped significantly after the merger, mainly due to its adoption of the PoS (Proof of Stake) mechanism, which is in sharp contrast to Bitcoin's PoW (Proof of Work) mechanism. The PoS mechanism consumes significantly less energy and is more environmentally friendly, which gives Ethereum a clear advantage in energy efficiency. This advantage is not only reflected in the reduction of mining costs for miners, but also in the friendly protection of the environment and the promotion of sustainable development.

In addition to the improvement of energy efficiency, the network security of Ethereum has also been further strengthened after the merger. The PoS mechanism not only reduces the reliance on a large amount of electricity resources, but also effectively reduces the possibility of security threats such as 51% attacks. This efficient network security has laid a solid foundation for the long-term development of Ethereum, giving it a unique competitive advantage in the field of digital currency.

It is worth mentioning that the decline in energy consumption after the merger of Ethereum is not just a change in the digital currency industry, but also a subversive attempt at the global energy utilization model. With people's increasing attention to sustainable development, the efficient energy utilization model demonstrated by Ethereum will become a model for the future development of digital currency, and will also have a profound impact on the transformation of the global energy industry.

In summary, the sharp decline in energy consumption after the merger of Ethereum not only surpassed the energy consumption level of Bitcoin by tens of thousands of times, but also set an example for the sustainable development of the digital currency industry. With the continuous development and improvement of the digital currency industry, the merger of Ethereum will become a key step in leading the future development of the industry and contribute to the construction of a greener and more efficient digital economic system. Let us look forward to Ethereum creating a more brilliant chapter in its future development!

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Coin Circle (120Btc.com) News: The Cambridge University Center for Alternative Finance Research (CCAF) has released new tools, including the Sustainability Index (CBNSI) and Ethereum's energy consumption data after the merger. If the energy consumption of Ethereum is visualized, Bitcoin's electricity consumption is like the world's second tallest building Merdeka118 (679 meters high), while Ethereum is like a cranberry fruit, about 1.5 centimeters.

Ethereum from its advent to merger = Switzerland's annual electricity consumption

CCAF counted Ethereum's electricity consumption from 2015 to 2022 before the merger. The rightmost figure below is the "annualized energy consumption estimate (21.41TWh)" as of September 14, 2022, and it is estimated that the total energy consumption of Ethereum before the merger is 58.26TWh.

This number is comparable to Switzerland's annual electricity consumption (54.88TWh), and the annualized energy consumption is also very close to the estimates of other institutions, except Digiconomist:

 McDonald K.: 21.42TWh

 Digiconomist: 77.77TWh

 Crypto Carbon Ratings Institute (CCRI): 21.99TWh

Ethereum energy consumption plummets by 99.99%

In 2021, Ethereum researcher carlbeek.eth wrote that it is expected that energy consumption will be reduced by -99.95% after the transition to proof of stake (PoS).

Data from the University of Cambridge further pointed out that the actual energy consumption has been reduced by -99.99%.

 2.44GW before the merger

 0.000671GW after the merger

If the energy consumption of Ethereum after the merger is visualized with buildings, it would be like:

 Bitcoin: The world's second tallest building, Merdeka118 in Malaysia, 679 meters high.

 Ethereum before the merger: London Eye, 135 meters.

 Ethereum after the merger: Raspberry, 1.5 centimeters.

Ethereum's annual energy consumption = Cambridge University's electricity consumption for 16 days

CCAF's official website also lists more Ethereum energy consumption comparisons. Ethereum's annual energy consumption after the merger is approximately:

 Meet Cambridge University's total electricity demand for 16 days

 Annual electricity consumption of 559 air conditioners

 Average annual electricity consumption of 1,628 British households

 Allow Tesla Cybertruck to run 14.1 million miles

Ethereum's energy consumption will increase day by day

CCAF pointed out that its research shows that Ethereum's energy consumption will increase day by day.

Between December 12, 2021 and April 11, 2023, the number of Ethereum nodes has increased from 3,247 to 11,892 (up 266%). Annual electricity consumption also increased from 1.78GWh to 6.49GWh.

In addition, CCAF also emphasized that electricity consumption cannot fully capture all carbon footprints of the Ethereum network, such as computer-related greenhouse gas emissions.