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Although Bitcoin's colossal energy consumption has tainted some people's view of the crypto market, many new projects have sprung up in recent years that look to limit their carbon footprint. These so-called 'green cryptos' use different consensus mechanisms to restrict their energy requirements, making them more appealing to environmentally-conscious investors.
This guide discusses ten of the greenest cryptocurrency projects available right now, covering what they are, how they work, and why green cryptos are so crucial in today's world.
Although Bitcoin is still considered one of the best Proof-of-Work coins, its energy requirements have been found to equate to those of a small country. However, the ten green cryptos listed below take a different approach to Bitcoin, enabling them to actively reduce their contribution to global warming.
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Many of the projects listed above are thought of as the cryptos with the most potential since their low energy requirements make them appealing to ethical investors with a focus on longevity. Let's take a closer look at these green energy crypto projects, exploring the technology that makes them so eco-friendly:
Through extensive research and testing, we’ve found the greenest cryptocurrency of 2022 to be Chia. This blockchain network has a clear focus on its environmental impact, aiming to offer a more eco-friendly alternative to the likes of Bitcoin and Ethereum. Chia does this through an innovative
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