In a world where global warming is a real thing, more and more people are looking for ways to help the environment. One way is through the use of cryptocurrency. Eco-friendly cryptocurrencies are on the rise, and we will discuss the ones you should watch in 2022.
- SolarCoin
SolarCoin is a cryptocurrency created in 2014 to incentivize the use of solar energy. For every 1 MWh of solar energy used, SolarCoin awards 3.5 SolarCoins. This helps promote the use of solar energy while also providing a way to use and store cryptocurrency.
- BitShares
BitShares is a decentralized exchange that allows for the trading of cryptocurrencies. What makes BitShares unique is that it is powered by green energy. This means that all of the servers that power BitShares are powered by renewable energy, making it one of the most eco-friendly cryptocurrencies available.
- EarthCoin
EarthCoin is a cryptocurrency created to be sustainable and environmentally friendly. To achieve this, EarthCoin uses scrypt algorithm, which requires less power than many other algorithms. This makes it more environmentally friendly and helps reduce the amount of energy needed to mine EarthCoin.
- ClimateCoin
ClimateCoin was created to fight climate change. 10% of all coins mined are donated to projects that help fight climate change. Additionally, ClimateCoin uses a proof-of-stake algorithm, which is more efficient and uses less power than many other algorithms. This helps to make ClimateCoin more eco-friendly.
- Bitshares Green
Bitshares Green is a cryptocurrency created specifically for use in the environment. All of the servers that power Bitshares Green are powered by renewable energy. This makes it one of the most eco-friendly cryptocurrencies available. Additionally, Bitshares Green uses a proof-of-stake algorithm, which is more efficient and uses less power than many other algorithms.
- Ethereum
Ethereum is a decentralized platform that allows for the creation of smart contracts and decentralized applications. Ethereum is powered by the ETH token, which one can use to pay for transaction fees and services on the Ethereum network. It uses a proof-of-stake algorithm, which is more efficient and uses less power.
- Bitcoin Green
Bitcoin Green is a cryptocurrency created specifically for use in the environment. All of the servers that power Bitcoin Green are powered by renewable energy, making it one of the most eco-friendly cryptocurrencies available. Additionally, Bitcoin Green uses a proof-of-stake algorithm, which is more efficient and uses less power than many other algorithms.
- Ripple
Ripple is a decentralized platform that allows for the creation of smart contracts and decentralized applications. Ripple is powered by the XRP token, which one can use to pay for transaction fees and services on the Ripple network. What makes Ripple unique is that it is one of the most environmentally friendly cryptocurrencies available. Ripple uses a proof-of-stake algorithm, which is more efficient and uses less power than many other algorithms.
Conclusion
The cryptocurrencies on this list are all eco-friendly. They offer unique features and benefits that make them stand out from the rest. If you are looking for an eco-friendly cryptocurrency to invest in, ensure you check out these ones.
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