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Some of these are greener only because they have less volume and a smaller market cap. Like I remember people saying "DOGE uses so much less electricity than Bi
by cableshaft 5y ago
Some of these are greener only because they have less volume and a smaller market cap. Like I remember people saying "DOGE uses so much less electricity than Bitcoin!", which is true in its current overall total, sure, but if you multiplied its volume so it matched bitcoin (like what would have to happen if it replaced bitcoin) it would be almost the same.
That's not to say there aren't greener alternatives out there (especially with Proof of Stake networks), but some of these coins claiming to be greener are only that way because they're not used anywhere near as much.