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Scientific papers or even grey literature to support Ethereum 2.0's claim of reducing energy demand by 99.95% as compared to PoW

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Carl Beekhuizen posted in this Ethereum blog of May 2021, that "Ethereum will use at least ~99.95% less energy post merge. " . However, this is not supported by enough details.

I'm now looking for Scientific papers or even grey literature to support Ethereum 2.0's claim of reducing energy demand by 99.95% as compared to PoW.

submitted by /u/RationalKicker
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