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Update index.md
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minimalsm authored Sep 1, 2021
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Expand Up @@ -430,7 +430,7 @@ The 87 897 validators running from home gives us 16 300 users consuming ~1.64 me
The rest of the validators are run by custodial stakers such as exchanges and staking services.
It can be assumed that they use 100w per 5.5 validators. This is a gross overestimate to be on the safe side.

In total, a Proof-of-Stake Ethereum therefore consumes something on the order of 2.62 megawatt, which is about the same as a small American town.
In total, Ethereum on proof-of-stake therefore consumes something on the order of 2.62 megawatt, which is about the same as a small American town.

This is a reduction of at least 99.95% in total energy use from the Digiconomist estimate of 44.94 TWh per year that the Ethereum miners currently consume.

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