Ethereum mining is one of the expensive GPU. The latest news about the Interim Mining is the GPU is consuming more electricity than the Cyprus. According to the report, Ethereum mining estimatly consuming 4.5TWh for a year, going into detail, the overall energy consumed by the mullion-heavy island might be lesser than the Mining GPU.
However, the watt per hour energy requirement is increasing with a ratio and it is expected near about 3.2TWh energy will be spent on the users for the first half of this year.
Is just Ethereum is consuming the electricity? No other systems are also equally responsible for soaking the electricity of the country. According to the Country Chart total energy consumption of the Bitcoin mining pulls a colossal 14.2TWh per year that is above the Mozambique and Slovenia on Digiconomist’s Energy Consumption.
Initially the price per coin was $10 and then start increasing to the next level. Raise the price to $300 for the year 2017 that is the biggest level rise for the Ethereum. However, we are unaware of how much energy consumption will rise by the Interim Minning. The company is working for the make alternative of the energy rise. However, the Ethereum in most affecting GPU among the other GPUs.