The Sustainability Factor | Crypto Shouldn’t Come At A Cost To The Environment With It’s Mining Process

The ethereum merge to POS consensus mechanism has practically slash the carbon emissions more than 99% which is of great interest of the environment keeping it safe. Shad’s has been thrown at the the primary digital asset bitcoin for it still being using the POW consensus mechanism the non-profitable environment organization Greenpeace is going all out on bitcoin to change its mode of operation/codes which will reduce the energy used in powering the the proof of work model.

298D9FB9EBBC4DE7995A414739DD998B.jpeg
source

In a ad’s campaign which they intend investing over a million dollars to see that these sensitization pulls through and the general public is pretty aware about the effect this might cause to the environment if these crypto assets continues to be utilizing the proof of work concept in their words;

“With fires raging around the world and historic floods destroying lives and livelihoods, state and federal leaders and corporate executives are racing to decarbonize as quickly as possible.

Ethereum has shown it’s possible to switch to an energy-efficient protocol with far less climate, air and water pollution. Other cryptocurrency protocols have operated on efficient consensus mechanisms for years. Bitcoin has become the outlier, defiantly refusing to accept its climate responsibility.”

The aim of these ad’s is to bring the attention of pro. Bitcoin supporters, individuals or corporations to see the need of the primary digital asset to move away from the Proof of Work POW as it’s consumes more energy than POS.

Well as long as I have been in the crypto space, I know fully well that is not every opinion that is been support as some couple of days ago it was noted that Micheal Saylor who happens to be an ex executive of micro-strategy says that the primary digital asset bitcoin makes use of the cleanest electricity from the source for it’s activities.

If you seen this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link

Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.

Let’s also connect on some of the web2 platform.
Twitter:Hironakamura

Posted Using LeoFinance Beta



0
0
0.000
2 comments
avatar

I have always found it interesting how the assumption is that miners always use nonrenewable energy sources. While basically all other power-hungry industries or things almost always just claim to use renewable. How they make that math go together is well beyond me.

0
0
0.000