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Ethereum blockchain to undergo major upgrade to cut energy use

By Elizabeth Howcroft

Sep 13 2022 3:06PM

The 'Merge' reduces energy consumption by 99.95 percent.

Ethereum blockchain to undergo major upgrade to cut energy use

A long-awaited software upgrade to the Ethereum blockchain aimed at slashing its huge energy consumption is expected this week, a move proponents say may widen the technology's use and support the price of the ether token. The upgrade, known as the "Merge," will mark a radical change to how ...

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