A radical update to the Ethereum cryptocurrency launched last week was supposed to reduce energy consumption by 99 per cent, but the savings have failed to materialise as miners evicted from the network flock to other currencies.
A radical update last week to the Ethereum cryptocurrency was supposed to reduce energy consumption by 99 per cent, but the savings have so far failed to materialise as miners evicted
from the network flock to other currencies. Estimates suggest that at least 50 per cent of energy hungry mining hardware formerly running Ethereum has now been put to use mining other coins.
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