Starting position The skyrocketing prices make Bitcoin mining more attractive and so electricity consumption for mining increases. Since the beginning of October 2020, electricity consumption for this has almost doubled, to 92.8 terrawatts per year. This is equivalent to the electricity consumption of Belgium or the Netherlands, or almost 20% of the electricity consumption in […]
Cardano as a climate-neutral blockchain? Read More »
Dear delegators and friends of our pool, we operate our pool CO2POOL as a single Stakepool out of conviction to support the Cardano network. Single pool means we will never run a second (or more) pools. In this way, we help to keep the network decentralised, and we also give other pool operators a chance
CO2POOL — donations and activities Read More »
The Cardano Blockchain already consumes very little energy compared to Bitcoin and other cryptocurrencies thanks to its Proof of Stake (PoS) concept. Cardano’s PoS concept is up to 4 million times more energy efficient than the Bitcoin protocol. Nevertheless, the Cardano blockchain also consumes energy. Currently, in addition to the infrastructure of the company IOHK
CO2-Token for achieving a climate-neutral Cardano Blockchain Read More »
