Cambridge Study: Ethereum Consumes 28x Less Energy Than American Express

10 months ago 22

Source: AdobeStock The world’s second-largest crypto protocol Ethereum network, is reported to consume 28 times less energy than the American Express business, according to a recent report from the University of Cambridge. The report compares the annual energy consumption of the smart contract-powered blockchain service to that of several legacy-based financial and corporate businesses. According […]

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