{"id":2383,"date":"2022-01-15T11:00:00","date_gmt":"2022-01-15T10:00:00","guid":{"rendered":"https:\/\/ancstockinvestments.com\/blog\/?p=2383"},"modified":"2022-01-14T12:22:44","modified_gmt":"2022-01-14T11:22:44","slug":"energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions","status":"publish","type":"post","link":"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/","title":{"rendered":"Energy Consumption by One Ethereum Transaction Could Power Over 100,000 VISA Transactions"},"content":{"rendered":"\n<p>Thanks to the huge energy consumption, Proof-of-Work transactions on the Ethereum blockchain are becoming unsustainable.\u00a0<\/p>\n\n\n\n<p>Recent data from trandingplatforms.com shows that one ethereum transaction uses up to 238.22 kilowatts per hour, which is significantly higher than the energy consumption of 100,000 VISA transactions.<\/p>\n\n\n\n<p>According to the data, the estimated global annual Ethereum energy consumption as of January 11, 2022, is 106.33 TWh. For some perspective, this is the equivalent of Kazakhstan\u2019s energy consumption. Similarly, a single transaction uses as much power as an average US household would in 8.16 days.<\/p>\n\n\n\n<p>Commenting on the findings, Edith Reads from <a href=\"https:\/\/tradingplatforms.com\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Tradingplatforms.com<\/a> believes <em>\u201cthe high energy consumption by the Ethereum network currently is largely due to the PoW validation method.\u00a0<\/em><\/p>\n\n\n\n<p><em>\u201cThe foundation has already announced underway plans to transition to PoS, which I believe will reduce the consumption significantly. I think that will be quite crucial, especially as the tech world readies itself for the Web 3.0 era.\u201d<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"761\" height=\"694\" data-src=\"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/Screenshot_15.png\" alt=\"\" class=\"wp-image-2384 lazyload\" data-srcset=\"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/Screenshot_15.png 761w, https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/Screenshot_15-300x274.png 300w\" data-sizes=\"(max-width: 761px) 100vw, 761px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 761px; --smush-placeholder-aspect-ratio: 761\/694;\" \/><\/figure>\n\n\n\n<p>The network\u2019s global energy consumption increased drastically in 2021, perhaps because of the increased <a href=\"https:\/\/ancstockinvestments.com\/blog\/2021\/06\/14\/beyond-dogecoin-7-popular-cryptos-lower-transaction-fees\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"crypto transactions (opens in a new tab)\">crypto transactions<\/a>. The carbon footprint of a single Ethereum transaction is equal to that of over 250,000 VISA transactions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Transition to PoS set to reduce consumption by 99%<\/strong><\/h2>\n\n\n\n<p>The move from Proof-of-Work validation will get rid of miners on the network.&nbsp;<\/p>\n\n\n\n<p>PoW consensus requires miners to validate transactions on the block, a process that requires them to solve complex cryptographic puzzles. The miners often bring in more computational power, which increases the network\u2019s energy consumption.<\/p>\n\n\n\n<p>The Ethereum Foundation has revealed that the move to <a href=\"https:\/\/www.investopedia.com\/terms\/p\/proof-stake-pos.asp\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Proof-of-Stake<\/a> consensus will reduce the network\u2019s carbon footprint by up to 99.95%.\u00a0<\/p>\n\n\n\n<p>A PoS consensus model uses validators in place of miners. Validators stake their assets as collateral to validate network transactions. This model gets rid of the high computational energy required in PoW consensus.<\/p>\n\n\n\n<p>While speaking at a StartmeupHK virtual conference last year, Ethereum\u2019s co-founder, Vitalik Buterin, pointed out that the transition could solve the network\u2019s environmental issues. He added that the model\u2019s complexity was a major challenge, and they ended up spending six years on the project, although they initially thought they would only need one.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Energy consumption among concerns over Web 3.0<\/strong><\/h2>\n\n\n\n<p>Enthusiasts are excited about the coming of Web3, which is deemed to be a new age of the Internet. Web 3.0 will mostly be based on the Ethereum network, and critics have raised concerns over how much energy the new technology will consume.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"960\" height=\"540\" data-src=\"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/Slide7-1.jpg\" alt=\"Energy Consumption by One Ethereum Transaction Could Power Over 100,000 VISA Transactions\" class=\"wp-image-2385 lazyload\" data-srcset=\"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/Slide7-1.jpg 960w, https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/Slide7-1-300x169.jpg 300w, https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/Slide7-1-768x432.jpg 768w\" data-sizes=\"(max-width: 960px) 100vw, 960px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 960px; --smush-placeholder-aspect-ratio: 960\/540;\" \/><\/figure>\n\n\n\n<p>Ethereum\u2019s upgrade to Eth 2.0 will eliminate the excessive energy expenditure, becoming about 2000x more energy-efficient.<\/p>\n\n\n\n<p>The transition to PoS consensus has been in the works for several years now. The development team had earlier announced plans to move in early December but eventually pushed it to June 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One ethereum transaction uses up to 238.22 kilowatts per hour, which is significantly higher than the energy consumption of 100,000 VISA transactions.<\/p>\n","protected":false},"author":3,"featured_media":2386,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"content-type":"","inline_featured_image":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,3,10],"tags":[144,356,355,126],"series":[],"ppma_author":[463],"class_list":["post-2383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-investments","category-stock","tag-crypto-mining","tag-crypto-transaction","tag-energy-consumption","tag-ethereum"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>One Ethereum Transaction Could Power 100K+ VISA Transactions<\/title>\n<meta name=\"description\" content=\"One ethereum transaction uses up to 238.22 kilowatts per hour, which is significantly higher than the energy consumption of 100,000 VISA transactions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"One Ethereum Transaction Could Power 100K+ VISA Transactions\" \/>\n<meta property=\"og:description\" content=\"One ethereum transaction uses up to 238.22 kilowatts per hour, which is significantly higher than the energy consumption of 100,000 VISA transactions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/\" \/>\n<meta property=\"og:site_name\" content=\"ANC Blog\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-15T10:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/L424HUS65FGRVFPTYYPG24CIYI-1024x550.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"550\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ngwa Emmanuel\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ngwa Emmanuel\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/\"},\"author\":{\"name\":\"Ngwa Emmanuel\",\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/#\/schema\/person\/12b463b4dc7a31567d2ebb7c5bc2a2f2\"},\"headline\":\"Energy Consumption by One Ethereum Transaction Could Power Over 100,000 VISA Transactions\",\"datePublished\":\"2022-01-15T10:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/\"},\"wordCount\":456,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/L424HUS65FGRVFPTYYPG24CIYI.jpg\",\"keywords\":[\"Crypto mining\",\"Crypto transaction\",\"Energy consumption\",\"Ethereum\"],\"articleSection\":[\"Business\",\"Investments\",\"Stock\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/\",\"url\":\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/\",\"name\":\"One Ethereum Transaction Could Power 100K+ VISA Transactions\",\"isPartOf\":{\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/L424HUS65FGRVFPTYYPG24CIYI.jpg\",\"datePublished\":\"2022-01-15T10:00:00+00:00\",\"description\":\"One ethereum transaction uses up to 238.22 kilowatts per hour, which is significantly higher than the energy consumption of 100,000 VISA transactions.\",\"breadcrumb\":{\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#primaryimage\",\"url\":\"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/L424HUS65FGRVFPTYYPG24CIYI.jpg\",\"contentUrl\":\"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/L424HUS65FGRVFPTYYPG24CIYI.jpg\",\"width\":2560,\"height\":1375,\"caption\":\"Energy Consumption by One Ethereum Transaction Could Power Over 100,000 VISA Transactions\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ancstockinvestments.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Energy Consumption by One Ethereum Transaction Could Power Over 100,000 VISA Transactions\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/#website\",\"url\":\"https:\/\/ancstockinvestments.com\/blog\/\",\"name\":\"ANC Blog\",\"description\":\"Investing for the Future\",\"publisher\":{\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ancstockinvestments.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/#organization\",\"name\":\"ANC Blog\",\"url\":\"https:\/\/ancstockinvestments.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2024\/11\/anc-logo-full-dark.svg\",\"contentUrl\":\"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2024\/11\/anc-logo-full-dark.svg\",\"width\":839,\"height\":186,\"caption\":\"ANC Blog\"},\"image\":{\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/#\/schema\/person\/12b463b4dc7a31567d2ebb7c5bc2a2f2\",\"name\":\"Ngwa Emmanuel\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ancstockinvestments.com\/blog\/#\/schema\/person\/image\/0e9cd6a0380a4095328c18506f5a024d\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/36012ba548ef861ffb3cfc47da684aae4a714ed8eea8139836775ec6a8b91e0c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/36012ba548ef861ffb3cfc47da684aae4a714ed8eea8139836775ec6a8b91e0c?s=96&d=mm&r=g\",\"caption\":\"Ngwa Emmanuel\"},\"description\":\"Emmanuel crafts insightful data-driven stories on Finance, Forex, Cryptocurrency, Investment, Stocks, and Startups. As Editor-in-Chief at ANC Blog, I help our readers learn the ropes of the finance and startup ecosystem.\",\"url\":\"https:\/\/ancstockinvestments.com\/blog\/author\/ngwa\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"One Ethereum Transaction Could Power 100K+ VISA Transactions","description":"One ethereum transaction uses up to 238.22 kilowatts per hour, which is significantly higher than the energy consumption of 100,000 VISA transactions.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/","og_locale":"en_US","og_type":"article","og_title":"One Ethereum Transaction Could Power 100K+ VISA Transactions","og_description":"One ethereum transaction uses up to 238.22 kilowatts per hour, which is significantly higher than the energy consumption of 100,000 VISA transactions.","og_url":"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/","og_site_name":"ANC Blog","article_published_time":"2022-01-15T10:00:00+00:00","og_image":[{"width":1024,"height":550,"url":"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/L424HUS65FGRVFPTYYPG24CIYI-1024x550.jpg","type":"image\/jpeg"}],"author":"Ngwa Emmanuel","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ngwa Emmanuel","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#article","isPartOf":{"@id":"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/"},"author":{"name":"Ngwa Emmanuel","@id":"https:\/\/ancstockinvestments.com\/blog\/#\/schema\/person\/12b463b4dc7a31567d2ebb7c5bc2a2f2"},"headline":"Energy Consumption by One Ethereum Transaction Could Power Over 100,000 VISA Transactions","datePublished":"2022-01-15T10:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/"},"wordCount":456,"commentCount":0,"publisher":{"@id":"https:\/\/ancstockinvestments.com\/blog\/#organization"},"image":{"@id":"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#primaryimage"},"thumbnailUrl":"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/L424HUS65FGRVFPTYYPG24CIYI.jpg","keywords":["Crypto mining","Crypto transaction","Energy consumption","Ethereum"],"articleSection":["Business","Investments","Stock"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/","url":"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/","name":"One Ethereum Transaction Could Power 100K+ VISA Transactions","isPartOf":{"@id":"https:\/\/ancstockinvestments.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#primaryimage"},"image":{"@id":"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#primaryimage"},"thumbnailUrl":"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/L424HUS65FGRVFPTYYPG24CIYI.jpg","datePublished":"2022-01-15T10:00:00+00:00","description":"One ethereum transaction uses up to 238.22 kilowatts per hour, which is significantly higher than the energy consumption of 100,000 VISA transactions.","breadcrumb":{"@id":"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#primaryimage","url":"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/L424HUS65FGRVFPTYYPG24CIYI.jpg","contentUrl":"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/L424HUS65FGRVFPTYYPG24CIYI.jpg","width":2560,"height":1375,"caption":"Energy Consumption by One Ethereum Transaction Could Power Over 100,000 VISA Transactions"},{"@type":"BreadcrumbList","@id":"https:\/\/ancstockinvestments.com\/blog\/2022\/01\/15\/energy-consumption-one-ethereum-transaction-could-power-over-100k-visa-transactions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ancstockinvestments.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Energy Consumption by One Ethereum Transaction Could Power Over 100,000 VISA Transactions"}]},{"@type":"WebSite","@id":"https:\/\/ancstockinvestments.com\/blog\/#website","url":"https:\/\/ancstockinvestments.com\/blog\/","name":"ANC Blog","description":"Investing for the Future","publisher":{"@id":"https:\/\/ancstockinvestments.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ancstockinvestments.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ancstockinvestments.com\/blog\/#organization","name":"ANC Blog","url":"https:\/\/ancstockinvestments.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ancstockinvestments.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2024\/11\/anc-logo-full-dark.svg","contentUrl":"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2024\/11\/anc-logo-full-dark.svg","width":839,"height":186,"caption":"ANC Blog"},"image":{"@id":"https:\/\/ancstockinvestments.com\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ancstockinvestments.com\/blog\/#\/schema\/person\/12b463b4dc7a31567d2ebb7c5bc2a2f2","name":"Ngwa Emmanuel","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ancstockinvestments.com\/blog\/#\/schema\/person\/image\/0e9cd6a0380a4095328c18506f5a024d","url":"https:\/\/secure.gravatar.com\/avatar\/36012ba548ef861ffb3cfc47da684aae4a714ed8eea8139836775ec6a8b91e0c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/36012ba548ef861ffb3cfc47da684aae4a714ed8eea8139836775ec6a8b91e0c?s=96&d=mm&r=g","caption":"Ngwa Emmanuel"},"description":"Emmanuel crafts insightful data-driven stories on Finance, Forex, Cryptocurrency, Investment, Stocks, and Startups. As Editor-in-Chief at ANC Blog, I help our readers learn the ropes of the finance and startup ecosystem.","url":"https:\/\/ancstockinvestments.com\/blog\/author\/ngwa\/"}]}},"jetpack_featured_media_url":"https:\/\/ancstockinvestments.com\/blog\/wp-content\/uploads\/2022\/01\/L424HUS65FGRVFPTYYPG24CIYI.jpg","jetpack_sharing_enabled":true,"authors":[{"term_id":463,"user_id":3,"is_guest":0,"slug":"ngwa","display_name":"Ngwa Emmanuel","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/36012ba548ef861ffb3cfc47da684aae4a714ed8eea8139836775ec6a8b91e0c?s=96&d=mm&r=g","author_category":"","user_url":"","last_name":"Emmanuel","first_name":"Ngwa","job_title":"","description":"Emmanuel crafts insightful data-driven stories on Finance, Forex, Cryptocurrency, Investment, Stocks, and Startups. As Editor-in-Chief at ANC Blog, I help our readers learn the ropes of the finance and startup ecosystem."}],"_links":{"self":[{"href":"https:\/\/ancstockinvestments.com\/blog\/wp-json\/wp\/v2\/posts\/2383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ancstockinvestments.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ancstockinvestments.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ancstockinvestments.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ancstockinvestments.com\/blog\/wp-json\/wp\/v2\/comments?post=2383"}],"version-history":[{"count":1,"href":"https:\/\/ancstockinvestments.com\/blog\/wp-json\/wp\/v2\/posts\/2383\/revisions"}],"predecessor-version":[{"id":2387,"href":"https:\/\/ancstockinvestments.com\/blog\/wp-json\/wp\/v2\/posts\/2383\/revisions\/2387"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ancstockinvestments.com\/blog\/wp-json\/wp\/v2\/media\/2386"}],"wp:attachment":[{"href":"https:\/\/ancstockinvestments.com\/blog\/wp-json\/wp\/v2\/media?parent=2383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ancstockinvestments.com\/blog\/wp-json\/wp\/v2\/categories?post=2383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ancstockinvestments.com\/blog\/wp-json\/wp\/v2\/tags?post=2383"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/ancstockinvestments.com\/blog\/wp-json\/wp\/v2\/series?post=2383"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/ancstockinvestments.com\/blog\/wp-json\/wp\/v2\/ppma_author?post=2383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}