‘Green ETH’ narrative to drive investment and adoption, experts say By Cointelegraph

‘Green ETH’ narrative to drive investment and adoption, experts say By Cointelegraph

‘Green ETH’ narrative to drive investment and adoption, experts say

Mining Ethereum is energy intensive proof of work (PoW) the system is expected to see Ether (ETH) are “flowing into the institutional world”, according to numerous fund managers and co-founders.

On Thursday, officially switched to proof-of-stake (PoS) consensus mechanism, which is expected to reduce the energy consumption used by the network by 99.95%, according to the Ethereum Foundation.

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