Green energy and its mass adoption are gaining popularity as extreme weather events like heat wave waves, severe droughts, storms, and other natural disasters become more frequent. The debate over whether cryptocurrencies have a net good or bad impact on the environment continues to be contentious.
According to the Cambridge Bitcoin Electricity Consumption Index, the amount of electricity used by bitcoin mining annually could heat enough water to make all the cups of tea brewed in the UK for 30 years. Due to their lack of environmental credentials, cryptocurrencies like bitcoin and ethereum are one of the primary subjects of worry.
To resolve this issue, crypto developers have created energy-efficient cryptocurrency projects to enable the crypto industry to reduce its energy consumption drastically. This article lists and discusses the best energy-efficient cryptos in the market.
Overview of the Top Energy Efficient Cryptos
There are dozens of crypto projects claiming energy efficiency on the market today. Here is a list of the best and, most importantly, confirmed energy-efficient cryptos.
- Impt.io (IMPT) — Sustainable and Transparent Blockchain for Carbon Offset
- Tamadoge (TAMA) – Evolutional and Energy-efficient Meme Coin
- Algorand (ALGO) — Innovative Carbon-negative Blockchain
- Solana (SOL) — Sustainable Blockchain With Minimal Carbon Footprint
- Solarcoin (SLR) — Number One Solar-based Crypto Project
- Hedera Hashgraph (HBAR) — Rising Low-energy Blockchain
- Chia (XCH) — One Of The Greenest Upcoming Crypto Project In The Blockchain Sector
- Bitgreen (BITG) — Green Crypto Focused On Making Positive Environmental Impact
Deep Insight Into The Best Energy Efficient Cryptos 2022
Take a deeper look at these eight green cryptocurrencies focused on ecological sustainability.
Impt.io (IMPT) — Sustainable and Transparent Blockchain for Carbon Offset
IMPT token is the newest ecologically-friendly crypto token focused on reducing the world’s carbon footprint. It addresses environmental challenges by empowering users to buy, sell, or retire carbon credits.
The platform will allow users to mint their carbon credits into non-fungible tokens (NFTs), which can be converted to IMPT tokens. It also makes it impossible to reuse retired carbon credits using its protocol which permanently burns and removes retired NFTs from the ecosystem.
With its beginning on October 1st, 2022, the Impt project already promises to be an effective one. There are many potential investors lined up to become a part of the proposed ecosystem which comprises other socially responsible individuals and brands with the same goal—to reduce carbon footprint.
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