NewsSOS
Cambridge estimated Ethereum's annual electricity consumption at 7.87 gigawatt-hours, the release shows, placing $ETH second-lowest in market-value-adjusted energy intensity among the proof-of-stake networks the institution examined.
What Cambridge measured The study ranked multiple proof-of-stake networks by energy intensity adjusted for market value, according to the release. Ethereum finished second from the bottom.
Its energy draw per unit of market value was lower than all but one other chain in the group. The 7.87 GWh figure is the only consumption number the summary discloses.
Cambridge did not identify the other networks in the release or provide the complete ranking by name.
Keep reading