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The Environmental Impact of Ethereum Blockchain Revealed in New Study

Summary by Clayton County Register
A recent study conducted by the University of Cambridge has shed light on the historical greenhouse gas emissions of the Ethereum blockchain. The findings revealed that before a major software upgrade in September 2022, the emissions were equivalent to those of Honduras in a single year. Blockchain technology, which serves as the foundation for cryptocurrencies like Ethereum, is notorious for its high energy consumption during coin production an…
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Clayton County Register broke the news in Elkader, United States on Friday, December 1, 2023.
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