“Cardano Uses The Least Amount Of Electricity Per Node”, CCRI 2022 Research Stated
According to a recent study report published by the Crypto Carbon Ratings Institute (CCRI), Cardano spends the least amount of electricity per node while utilizing the most electricity per transaction.
Cardano uses the least amount of electricity per node
Cardano spends the most power per transaction, at 52 Wh, according to a report issued on February 2 by CCRI, a research company focused on the environmental effect of cryptocurrencies. However, the research stated that Cardano uses the least amount of electricity per node of any proof-of-stake project studied in the research.
“This metric depends on the amount of transactions taking place on the respective blockchain, also the overall electricity consumption per transaction further depends on the number of nodes connected to the respective network. Generally, these numbers are expected to go down with an increase in the transaction rate, regardless which blockchain is in use,” the report stated its research method.
Solana used the least amount of electricity per transaction
According to the CCRI research, Solana used the least amount of electricity per transaction of any PoS network, at 0.166 Wh. Only Solana, one of the six PoS networks studied in the research, fared lower in energy-per-transaction than payments behemoth Visa, with 1.49 Wh. Algorand came in third place, after Visa, with 2.7 Wh, followed by Avalanche, Polkadot, Tezos, and Cardano.
“The hardware, itself, requires electricity just to be powered on, the same applies also for running the software without any transactions being executed. If the number of transactions now increases, also the electricity consumption does, but the share for a single transaction decreases. Therefore, we expect this to be the case for every blockchain in our study,” CCRI CEO told Cointelegraph.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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“Cardano Uses The Least Amount Of Electricity Per Node”, CCRI 2022 Research Stated
According to a recent study report published by the Crypto Carbon Ratings Institute (CCRI), Cardano spends the least amount of electricity per node while utilizing the most electricity per transaction.
Cardano uses the least amount of electricity per node
Cardano spends the most power per transaction, at 52 Wh, according to a report issued on February 2 by CCRI, a research company focused on the environmental effect of cryptocurrencies. However, the research stated that Cardano uses the least amount of electricity per node of any proof-of-stake project studied in the research.
“This metric depends on the amount of transactions taking place on the respective blockchain, also the overall electricity consumption per transaction further depends on the number of nodes connected to the respective network. Generally, these numbers are expected to go down with an increase in the transaction rate, regardless which blockchain is in use,” the report stated its research method.
Solana used the least amount of electricity per transaction
According to the CCRI research, Solana used the least amount of electricity per transaction of any PoS network, at 0.166 Wh. Only Solana, one of the six PoS networks studied in the research, fared lower in energy-per-transaction than payments behemoth Visa, with 1.49 Wh. Algorand came in third place, after Visa, with 2.7 Wh, followed by Avalanche, Polkadot, Tezos, and Cardano.
“The hardware, itself, requires electricity just to be powered on, the same applies also for running the software without any transactions being executed. If the number of transactions now increases, also the electricity consumption does, but the share for a single transaction decreases. Therefore, we expect this to be the case for every blockchain in our study,” CCRI CEO told Cointelegraph.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
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