Amazon.com Inc. said Wednesday it's adding 2.7 gigawatts (GW) of energy capacity across 71 new renewable energy projects, including its first energy farms in Brazil, India and Poland. Amazon Web Services CEO Adam Selipsky said Amazon plans to reach 100% renewable energy across its business by 2025. Amazon's renewable energy projects are currently expected to generate 50,000 gigawatt-hours (GWh) of energy. That's enough to power 4.6 million U.S. homes each year, the company said. Shares of Amazon Read More...
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Did the Ethereum Merge Drop ‘Worldwide Electricity Consumption’ by 0.2%?
Last week, hot off the heels of the Merge, a complicated plan to swap Ethereum’s infrastructure without interrupting the multibillion-dollar cryptocurrency network, Ethereum’s co-founder Vitalik Buterin reshared data suggesting “worldwide electricity consumption” could be reduced by 0.2% as a result. This talking point, originally discussed by Ethereum researcher Justin Drake, was picked up by U.S. congressmen, technologists and Ethereum’s community, who are right to celebrate the network’s vastly smaller carbon footprint. Proof-of-stake, Ethereum’s new algorithm for processing transactions, would use approximately 99% less power than the proof-of-work (PoW) system Ethereum used to run.
