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Ethereum uses about 7.87 GWh a year, Cambridge finds

The Cambridge Centre for Alternative Finance estimates Ethereum’s energy intensity at about 33 kWh per $1 million of market value, second-lowest among proof-of-stake networks studied.

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A new Cambridge study estimates Ethereum consumes about 7.87 gigawatt-hours of electricity each year, placing the network near the lower end of energy intensity among major proof-of-stake blockchains, according to Cointelegraph.

The researchers also calculate that, when adjusted for market value, Ethereum uses roughly 33 kilowatt-hours per $1 million, the second-lowest figure among the proof-of-stake networks assessed, behind BNB Chain.

Cambridge’s comparison found Solana uses the most electricity among the PoS networks studied, at about 13.48 GWh annually, with an energy intensity around 283 kWh per $1 million, about 8.5 times Ethereum’s.

Using estimates based on the power draw of Ethereum node setups, Cambridge says a typical home configuration uses about 18 watts, while a more powerful workstation uses roughly 153 watts, and it estimates an average power draw of about 105 watts per node. The study adds that about 56.4% of Ethereum’s electricity mix comes from renewable and nuclear sources, with the rest from fossil fuels.

Latest closeEthereum $1,802.53 ▲0.8%|Solana $76.75 ▼0.1%|BNB $580.18 ▲0.9%

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