Ethereum just set The Merge in motion — and the stakes are huge for the planet. The Merge is arguably one of the most anticipated events yet in cryptocurrency history, when the Ethereum blockchain will switch from a disturbingly energy-hungry method of validating transactions to a new strategy that uses a fraction of the electricity as the network gobbled up before.
The transition is supposed to slash Ethereum’s energy consumption by a whopping 99.95 percent. That’s a seriously big…
