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The Ethereum merge is done

coindesk.com

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Re: The Ethereum merge is done

#15

It worked. And it reduces the world's energy bill by 0.5%: https://twitter.com/JonathanBeuys/status/1570305323629527046 I feel a great disturbance in the force. As if a million miners cried out all at once and then were suddenly silenced.

Wait, the Ethereum blockchain alone was consuming 0.5% of the world's total energy?

Re: The Ethereum merge is done

#17

These guys seem to think so: Ethereum Mainnet Merge Viewing Party https://www.youtube.com/watch?v=Nx-jYgI0QVI

Sep 14, 2022 at 11:43 p.m. PDT

Updated Sep 15, 2022 at 12:01 a.m. PDT

The Ethereum Merge Is Done, Opening a New Era for the Second-Biggest Blockchain

https://www.coindesk.com/tech/2022/09/15/the-ethereum-merge-...

Re: The Ethereum merge is done

#18
Good. The merge worked and they are not burning up the planet.

Now when are those Deep Learning systems in these data centers going to stop incinerating the planet with their useless deep learning models that not only are broken but require constant retraining and wasteful CO2 energy usage for years without any efficient alternatives?

Re: The Ethereum merge is done

#19
post #9
post #8

I’m really curious what the GPU miners are going to be doing with their cards. Today may be as big a moment for gamers as it is for ETH devs.

Mine other coins.

Ethereum had about 80-90% of the whole hashrate of GPU mineable coins. The next biggest one was ETC with about 5% of the hashrate of Ethereum.

They can't go all to other coins. It won't be profitable.

Re: The Ethereum merge is done

#20

It worked. And it reduces the world's energy bill by 0.5%: https://twitter.com/JonathanBeuys/status/1570305323629527046 I feel a great disturbance in the force. As if a million miners cried out all at once and then were suddenly silenced.

Wait, the Ethereum blockchain alone was consuming 0.5% of the world's total energy?

usual comparison was that the energy consumption is comparable to nations like the Netherlands or Finland, so seems about right.
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