Ethereum Energy Consumption Index

The Ethereum Energy Consumption Index provides the latest estimate of the total energy consumption of the Ethereum network. Annualized Total Ethereum Footprints Single Ethereum Transaction Footprints   Did you know? The Ethereum Energy Consumption Index has been designed with the same purpose, methods and assumptions as the Bitcoin Energy Consumption Index. The details of the latter can be found here. In essence, the following steps are followed in order to estimate the network’s total electricity consumption: First, the total mining revenues are calculated and converted to USD. Then it is estimated what part of mining revenues are being spent on … Continue reading Ethereum Energy Consumption Index