Cryptocurrency Ethereum bulls wake up after four years to transfer 22,982 ETH by admin 2 years ago At a time of bear market-induced uncertainty, crypto investors often tend to stick with Bitcoin ( Ever since Ethereum completed the Merge upgrade, the network’s energy consumption was reduced by 99.9%. As a direct result of the shift to a proof-of-stake consensus mechanism, the Ethereum network’s carbon footprint currently stands at 0.1 million tonnes of CO2 (MtCO2) per year. FacebookTwitterPinterestLinkedinEmail