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How much trees does it need to offset one transaction on Ethereum in comparison to transactions on Cardano?

It has long been known that the Ethereum Blockchain consumes much more energy than the Cardano Blockchain with its Proof of Stake concept. The total energy demand of the Ethereum Blockchain from the mining process is variable and rose sharply in 2021, currently estimated at around 78.76 TWh/yr. This is roughly equivalent to Chile’s electricity …

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Update: Calculation of the necessary offset measures to compensate for the CO2 emissions from the operation of the Cardano Stakepools

The base of the Cardano Blockchain is the operation of currently more than 2800 stakepools (September 2021), which ensure the decentralisation and security of the Blockchain. With the help of the attached Excel spreadsheet, one can estimate the current electricity consumption of the Cardano Blockchain from the operation of stakepools. Based on this, it was …

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Veritree & Climate-neutral Cardano Blockchain partnership. What CO2POOL does.

CO2POOL was founded in July 2020 and has been active as a stakepool since the beginning of the staking era at Cardano (Shelley Mainnet, Epoch 208). At that time – there were only around 500 stakepools – we were among the first pools to start using parts of the operator rewards to support meaningful projects …

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Our donation for climate protection – 150 more trees for TreesForLife

CO2POOL donates 100% of its margin (currently 1.9%) to climate protection. For this purpose, we send the Ada from our Pool Operator Rewards every few epochs in a separate wallet (see here) to keep the sum transparent. Every quarter, we transfer the collected Ada to an exchange to support a climate protection organisation with the …

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CO2POOL Promotion –für nachhaltiges Wachstum.

Ich hätte niemals gedacht, dass ich einmal eine Promotion Aktion für unseren Pool CO2POOL starten würde, denn eigentlich sollte unser Engagement für eine klimaneutrale Cardano-Blockchain Grund genug sein, unseren Stakepool auszuwählen. 100% unserer ohnehin nicht sehr hohen Gebühr von 1.9% gehen in Aktivitäten für den Klimaschutz, und innerhalb der Community engagieren wir uns für das …

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Allianz klimaneutraler Cardano Stakepools gegründet

Die Blockchain ist eine Technologie, die die Zukunft von Wirtschaft und Gesellschaft ähnlich stark verändern wird wie das Internet. In den Medien und der öffentlichen Diskussion überwiegt im Moment aber Skepsis und Abwehr – Blockchain wird unter anderem mit gravierenden Umweltauswirkungen aufgrund hoher Stromverbräuche in Verbindung gebracht.  Diese Kritik ist für das „Proof of Work“ …

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Fees of CO2Pool reduced

Dear Delegators, Today, we have reduced our pool fees (margin) from 2.3% to 1.9%. Why? As you know, we have had the support of IOHK for the last 3 months, who have delegated 3.2 million Ada to our pool. This has allowed us to grow the pool and generate blocks on a regular basis. Unfortunately, …

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Perspectives of Mission Driven Pools at Cardano

Today, the CardanoFoundation published an article in which they announced that currently around US$ 500 million worth of Ada is delegated to Cardano stakepools, which donate parts of their income to charitable organisations. “These include for example humanitarian charities, environmental initiatives, and animal protection alliances (…)“. At the moment, there are at least 60 pools, …

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