Cryptocurrencies like Bitcoin use a lot of electricity! Imagine the power needed for a whole country like Poland. This worries people who care about the environment. But things are changing!
- Bitcoin mining uses tons of energy, similar to a whole country's electricity use.
- Some cryptocurrencies are trying to become more eco-friendly.
- New ways of doing things, like 'Proof-of-Stake' (PoS), use much less energy than the old way.
- Companies are using more renewable energy like solar and wind power for mining.
| Fact | Number |
|---|---|
| Bitcoin's 2022 energy use | 110 TWh (that's a lot!) |
| Ethereum's energy use after upgrade | Reduced by 99.5%! |
Some cryptocurrencies are making big changes to be greener. It’s a work in progress, but it shows that even the biggest cryptocurrencies are improving.
