Proof of Work (PoW) may be reliable for securing networks, but it demands immense energy. Transitioning to Proof of Stake (PoS) or other low-energy consensus models can dramatically reduce the environmental impact of a blockchain.
Proof of Stake (PoS): As Ethereum demonstrated with Ethereum 2.0, PoS cuts down energy consumption significantly by replacing mining with staking.
Mining that uses renewable energy sources like solar, wind, or hydro is already making an impact. While you may not be directly involved in mining, advocating for renewable-powered mining operations and working with miners who prioritize green energy can help make crypto mining more sustainable.
Efficient hardware plays a critical role in reducing the carbon footprint of mining operations. Application-Specific Integrated Circuits (ASICs) are purpose-built for mining and consume less power for higher performance.
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