One of the key problems of cryptocurrencies lies in the environmental impact that digital transactions have. The process of mining for bitcoin is particularly energy-intensive. With concern over the environmental impact of cryptocurrencies growing, increasing numbers of investors are looking for new ways to enjoy the benefits of digital currencies in more eco-friendly ways. Elon Musk said Tesla has halted purchases of vehicles with bitcoin due to concerns over the “rapidly increasing use of fossil fuels for bitcoin mining.” Elon also said he is looking at other cryptocurrencies that use less than 1% of bitcoin’s energy/transaction. Which begs the question... what are currently the most sustainable crypto coins? Ripple (XRP), Dogecoin (DOGE), and Cardano (ADA) are the obvious candidates.
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One of the key problems of cryptocurrencies lies in the environmental impact that digital transactions have. The process of mining for bitcoin is particularly energy-intensive. With concern over the environmental impact of cryptocurrencies growing, increasing numbers of investors are looking for new ways to enjoy the benefits of digital currencies in more eco-friendly ways. Elon Musk said Tesla has halted purchases of vehicles with bitcoin due to concerns over the “rapidly increasing use of fossil fuels for bitcoin mining.” Elon also said he is looking at other cryptocurrencies that use less than 1% of bitcoin’s energy/transaction. Which begs the question... what are currently the most sustainable crypto coins? Ripple (XRP), Dogecoin (DOGE), and Cardano (ADA) are the obvious candidates.
#Cardano #Dogecoin #XRP
~Top Sustainable Crypto Coins | Lowest in Energy Consumption~
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