Breaking: Historic day for crypto as Ethereum Merge to proof-of-stake occurs Post author:MiamiCrypto Post published:September 15, 2022 Post category:Beacon Chain / Eli Ben-Sasson / Ethereum Foundation / Ethereum Mainnet / Ethereum merge / Ethereum Technical Roadmap / Purge / Splurge / StarkWare / Surge / Verge The Ethereum proof-of-stake consensus mechanism will cut energy consumption by a massive 99.95% compared to the proof-of-work system. You Might Also Like ETH 3.0: Sharding may return to scale Ethereum to millions of TPS November 12, 2024 Ether price could ‘decouple’ from other crypto post Merge — Chainalysis September 8, 2022 Bitcoin surges above $18K to cap 8-day winning streak January 12, 2023