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CCRI Report Shows Avalanche Blockchain Annual Electricity Consumption Drops by 4%

The Cryptocurrency Carbon Rating Institute (CCRI) recently released its annual PoS benchmark study, which found that despite the introduction of new subnets this year, Avalanche's power consumption has still decreased by 4%. The public blockchain ecosystem of Avalanche only uses 8.2% of the energy consumed by the Ethereum network and only 0.00034% of the energy consumed by the Bitcoin blockchain.