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update energy consumption page #8376

Merged
merged 12 commits into from
Nov 3, 2022
Merged

update energy consumption page #8376

merged 12 commits into from
Nov 3, 2022

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jmcook1186
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Description

rewrites energy page with new references and numbers, new table containing comparisons to PoS Ethereum, updated chart, additional external links and refined discussion.

Related Issue

#8292

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gatsby-cloud bot commented Oct 26, 2022

✅ ethereum-org-website-dev deploy preview ready

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@wackerow wackerow left a comment

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@jmcook1186 Nice update! Awesome to see the latest numbers.
Comments/questions/suggestions below =)

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Both proof-of-work and proof-of-stake are just mechanisms to decide who gets to add the next block. Swapping proof-of-work for proof-of-stake, where the real-world value invested comes from ETH staked directly in a smart contract, removes the need for miners to burn energy to add to the blockchain. Therefore, the environmental cost of securing the network is drastically reduced.

## Why proof-of-stake is greener than proof-of-work {#why-pos-is-greener-than-pow}
[CCRI](https://carbon-ratings.com) examined the impact of Ethereum’s merge from proof-of-work to proof-of-stake. The annualized electricity consumption was reduced by more than **99.988 %**. Likewise, Ethereum’s carbon footprint was decreased by approximately **99.992 %** (from 11,016,000 to 870 tonnes CO2e). Depicted metaphorically, this corresponds to a reduction in emissions from the height of the Eiffel Tower to a small plastic toy figure, as shown in the figure above. Therefore, the environmental cost of securing the network is drastically reduced. Simultaneously, the security of the network is thought to have increased.
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CCRI examined the impact of Ethereum’s merge from proof-of-work to proof-of-stake.

Weird phrasing. Some alternatives:

  1. CCRI examined the impact of Ethereum’s transition from proof-of-work to proof-of-stake.
  2. CCRI examined the impact of The Merge (Ethereum's transition from proof-of-work to proof-of-stake.)
  3. CCRI examined the impact of Ethereum’s Merge transition from proof-of-work to proof-of-stake.

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egypjoy commented Oct 31, 2022 via email

Co-authored-by: Joshua <[email protected]>
Co-authored-by: Joseph Cook <[email protected]>
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This is great! Awesome work @jmcook1186 💪

@minimalsm minimalsm merged commit 2e0e613 into dev Nov 3, 2022
@minimalsm minimalsm deleted the jc-energy-updates branch November 3, 2022 10:17
Both proof-of-work and proof-of-stake are just mechanisms to decide who gets to add the next block. Swapping proof-of-work for proof-of-stake, where the real-world value invested comes from ETH staked directly in a smart contract, removes the need for miners to burn energy to add to the blockchain. Therefore, the environmental cost of securing the network is drastically reduced.

## Why proof-of-stake is greener than proof-of-work {#why-pos-is-greener-than-pow}
CCRI examined the impact of Ethereum’s merge from proof-of-work to proof-of-stake. The annualized electricity consumption was reduced by more than **99.988 %**. Likewise, Ethereum’s carbon footprint was decreased by approximately **99.992 %** (from 11,016,000 to 870 tonnes CO2e). Depicted metaphorically, this corresponds to a reduction in emissions from the height of the Eiffel Tower to a small plastic toy figure, as shown in the figure above. Therefore, the environmental cost of securing the network is drastically reduced. Simultaneously, the security of the network is thought to have increased.
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Suggested change
CCRI examined the impact of Ethereum’s merge from proof-of-work to proof-of-stake. The annualized electricity consumption was reduced by more than **99.988 %**. Likewise, Ethereum’s carbon footprint was decreased by approximately **99.992 %** (from 11,016,000 to 870 tonnes CO2e). Depicted metaphorically, this corresponds to a reduction in emissions from the height of the Eiffel Tower to a small plastic toy figure, as shown in the figure above. Therefore, the environmental cost of securing the network is drastically reduced. Simultaneously, the security of the network is thought to have increased.
CCRI examined the impact of Ethereum’s transition from proof-of-work to proof-of-stake. The annualized electricity consumption was reduced by more than **99.988 %**. Likewise, Ethereum’s carbon footprint was decreased by approximately **99.992 %** (from 11,016,000 to 870 tonnes CO2e). Depicted metaphorically, this corresponds to a reduction in emissions from the height of the Eiffel Tower to a small plastic toy figure, as shown in the figure above. Therefore, the environmental cost of securing the network is drastically reduced. Simultaneously, the security of the network is thought to have increased.

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Oops. Already merged. I've added the change here: #8472

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4 participants