A new Cambridge study placed Ethereum near the lower end of energy intensity among major proof-of-stake (PoS) blockchains, although the network still used more electricity overall than most of the PoS networks studied.The Cambridge Centre for Alternative Finance estimated that Ethereum consumes about 7.87 gigawatt-hours (GWh) of electricity annually. When adjusted for market value, the network used roughly 33 kilowatt-hours (kWh) per $1 million, the second-lowest figure among the proof-of-stake networks assessed, behind BNB Chain.Solana used the most electricity among the PoS networks studied, at about 13.48 GWh per year. Its energy intensity was roughly 283 kWh per $1 million…

Empery Digital (EMPD) on Friday announced the sale of 1,400 bitcoin for $62,200 each, generating $87.1 million in proceeds.Earlier in July, the company said it would need $65 million to close its 25% ownership in a group acquiring a Midwest facility to be converted into an AI data center.Empery was among the hastily formed SPAC deals during the 2025 digital asset treasury company frenzy. The results for the group haven’t been pretty, with most seeing share prices collapse by 90% or more from the 2025 highs.In what could be part of the bottoming process for bitcoin and crypto, a growing…

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