Too Long; Didn't Read
Overview of Ethereum merge stats
- Ethereum gas price and speed have not been affected by the merge
- Ethereum's energy usage dropped from 83.89 TWh to 0.01 TWh (a drop of 99.988%)
- The energy saving of 83.88 TWhs is the same energy needed to power Belgium for 1 year
- The energy needed to action one transaction on Ethereum dropped from 199.29 KWh to 0.03 KWhs
- One transaction pre-merge uses the same energy as 6,634 transactions post-merge
- Ethereum's power usage per user dropped from 409,219 watts per user to 48
- Ethereum post-merge power usage per user is 907 times more energy efficient than traditional banking
- Ethereum post-merge power usage per user is 18,152 times more energy efficient than Bitcoin