a16z: The annual energy consumption of Ethereum PoS is 0.001% of YouTube's

2023-04-12 15:18:00
Collection

ChainCatcher message, a16z Crypto's latest crypto report statistics show that since switching to PoS, Ethereum uses 0.001% of the energy that YouTube consumes annually.

According to previous reports, a16z Crypto released its new "State of Crypto" index. This index depicts a more optimistic emerging market landscape than most price charts. The index considers several so-called adoption and innovation parameters, including the number of active developers, mentions of cryptocurrencies in academic research, and trading volume on decentralized exchanges, excluding negative data points such as bankruptcies, hacks, or regulatory enforcement actions. (source link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators