Tron Uses Nearly 100% Less Energy Than Bitcoin and Ethereum, Study Shows
Tron beats top cryptocurrencies Bitcoin and Ethereum in the energy saving department, new research shows. Web3 has gained a very poor reputation in the field of environmental protection and sustainable development. This is mostly attributable to blockchains like Ethereum and Bitcoin, whose protocols demand enormous amounts of energy. Recent study has revealed, however, that Tron is […]
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A new report by the Crypto Carbon Ratings Institute (CCRI) showcases the environmental sustainability of the TRON network. According to the “Energy Efficiency and Carbon Footprint of the TRON Blockchain” report, the highly popular TRON network only consumes as much electricity as just fifteen average U.S. households.
The Environmental Sustainability of the TRON Network
The electricity consumption and related carbon footprint of Bitcoin and other cryptocurrencies have been subject to extensive discussion in public, academia, and industry. Various....
The New NFT project appears on the raging market. Now targeting the Tron community. Tron Cool Cats , a new project supported by Palmar Labs, is a collection of 10K unique randomly generated NFTs, pouring in the Tron ecosystem. Another project shows up in the fast-growing NFT market. This time cats are taking the Tron […]
According to recent news reports, Tron (TRX) outperformed both Bitcoin and Ethereum in terms of energy efficiency. TRX social dominance up TRX price down by 2.97% Future trends show TRX to plunge further Compared to Bitcoin, Tron uses 99.9% less energy (just 162,868 kWh). Being a major issue in the most recent session, crypto mining has been welcome publicity for Tron. The Tron DAO recently tweeted a link to a blog post where they provided an update on some of their on-chain metrics and informed their followers of the exciting development. Apparently, the number of accounts added has....
The New NFT project appears on the raging market. Now targeting the Tron community. Tron Cool Cats , a new project supported by Palmar Labs, is a collection of 10K unique randomly generated NFTs, pouring in the Tron ecosystem. Another project shows up in the fast-growing NFT market. This time cats are taking the Tron ecosystem. Tron Cool Cats is a copycat (pun intended) of the popular Ethereum-based NFT project. Cool Cats is a collection of 10K randomly generated and stylistically curated NFTs on the Ethereum blockchain. Each randomly assembled cat from over 300K total options possesses a....
The use of renewable energy for cryptocurrency mining has seen considerable growth, according to a new report. The rising energy demand of proof-of-work cryptocurrencies such as Bitcoin (BTC) has been a hotly debated topic. But the 3rd Global Cryptoasset Benchmarking Study by the University of Cambridge shows that 76% of cryptocurrency miners use electricity from renewable energy sources as part of their energy mix.The study found that over 39% of the total energy consumed by PoW cryptocurrencies including Bitcoin, Ether (ETH), Bitcoin Cash (BCH) and others comes from renewable energy....