{"id":152087,"date":"2022-12-07T15:29:19","date_gmt":"2022-12-07T21:29:19","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/12\/ethereums-energy-switch-saves-as-much-electricity-as-entire-ireland-uses"},"modified":"2022-12-07T15:29:19","modified_gmt":"2022-12-07T21:29:19","slug":"ethereums-energy-switch-saves-as-much-electricity-as-entire-ireland-uses","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/12\/ethereums-energy-switch-saves-as-much-electricity-as-entire-ireland-uses","title":{"rendered":"Ethereum\u2019s energy switch saves as much electricity as entire Ireland uses"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/ethereums-energy-switch-saves-as-much-electricity-as-entire-ireland-uses3.jpg\"><\/a><\/p>\n<p>The success of The Merge concept may now serve as a roadmap to enable a switch from Proof of Work to Proof of Stake in Bitcoin.<\/p>\n<p>Ethereum, the world\u2019s second-largest crypto asset by market cap, has drastically changed its energy usage, saving a country-size proportion of power consumption.<\/p>\n<p>This radical update most likely reduced the power consumption of the crypto network by 99.84 percent to 9.99 percent, according to a paper published by peer-reviewed data-science journal Patterns on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The success of The Merge concept may now serve as a roadmap to enable a switch from Proof of Work to Proof of Stake in Bitcoin. Ethereum, the world\u2019s second-largest crypto asset by market cap, has drastically changed its energy usage, saving a country-size proportion of power consumption. This radical update most likely reduced the [\u2026]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1318,1761,1497],"tags":[],"class_list":["post-152087","post","type-post","status-publish","format-standard","hentry","category-bitcoin","category-cryptocurrencies","category-energy"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/152087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=152087"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/152087\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=152087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=152087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=152087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}