Ethereum has become extremely sustainable. For reference, YouTube spends 244 TW/yr meanwhile Ethereum PoS spends 0.004% that number.

The reason I chose something like YouTube is because its somewhat tech related in comparison to something like gold mining (which uses up around 240 TW/yr).

In fact, lets mention other tech and Web2 related things like Netflix and the US gaming industry which spend 94 and 34 TW/yr respectively.

Ethereum has come a long way from 112 to 0.01 which is ground breaking progress honestly. This will allow more and more companies and institutions to move into the Web3 space and start building on Ethereum without having to worry anymore about the sustainability issues that the blockchain used to suffer from.

This is major news for mainstream adoption considering that these companies joining the Web3 space will give Ethereum great exposure.

Sure, gas fees will still remain high for now but many projects, dApps, and companies as well are resorting to L2s.

Scroll, Loopring, and Immutable X had some companies use them as an entry point into Ethereum and Polygon as well has been a major contributor to the Ethereum ecosystem inviting companies like Facebook, Instagram, Starbucks and many more. And with the zkEVM testnet launched, many devs are finding it easier to build on Ethereum through Polygon.

Think about it, Ethereum still has a lot of upgrades on the way yet we’re already seeing some mainstream companies and brands building a Web3 presence for themselves on it. Imagine the impact on adoption that the upcoming upgrades will have.

I said it once and I’ll say it again. Going PoS was an extremely smart move of Ethereum to do. It laid the infrastructure for a chain that will withstand the test of time and prove its sustainability and efficiency.