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In 2022, you’ll incur 33 times more for transacting on the Ethereum (ETH) blockchain than if you did on the Bitcoin (BTC) network.
One ethereum transaction uses up to 238.22 kilowatts per hour, which is significantly higher than the energy consumption of 100,000 VISA transactions.
Back in 2013, there was just a handful of digital coins. However, after the crypto market boom in 2017, the number of cryptos started surging.
Ethereum has grown in popularity in recent months, with 5 Ethereum mining pools reaping significant rewards.
Ethereum has added over 5 million more unique addresses in just 30 days ahead of its scheduled EIP-1559 upgrade.
