Ethereum Founder Vitalik Buterin: We Can Lower Crypto Energy Cost 99%

Ethereum Founder Vitalik Buterin: We Can Lower Crypto Energy Cost 99%

The next Ethereum network could reduce crypto’s energy consumption by 99%. Yuriko Nakao/Getty Images

Renewable energy pioneer Elon Musk recently made a 180-degree turn on Bitcoin, announcing that Tesla would no longer accept the cryptocurrency as a payment method after realizing that Bitcoin mining and transaction consume too much electricity generated from fossil fuel. “Cryptocurrency is a good idea on many levels…but this cannot come at great cost to the environment,” the…


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