12/29/2023 0 Comments Ripple boincIn numerous cases, market slides or crashes that drop the price of Bitcoin, Ethereum, or other big players in this area lead to miners slowing down or turning off their devices as it’s no longer profitable to run the machines at that price. Market dynamics also play a big role in the energy consumption of cryptocurrencies. As Bitcoin rises in value, the climate suffers Interestingly, Bitcoin uses an algorithm that does allow for mining ASIC-based devices, and these devices are considerably more energy efficient than conventional graphic processing units (GPUs). A good example of this is RavenCoin which, by one calculation, accounts for 4.32% of the total rated power of the top 20 cryptocurrencies but has a market capitalization of just 0.06%. This is primarily because these currencies use ASIC-resistant algorithms that consume significantly more energy than should be expected relative to how much of the cryptocurrency market they represent. Cryptocurrencies that instead use a ‘Proof of Storage’ or ‘Proof of Stake’ system use far less energy, as do currencies using a technology called block lattice, which doesn’t require mining.Įven among ‘Proof of Work’ cryptocurrencies, however, some are more energy intensive than others. Why? Because Bitcoin relies on a ‘Proof of Work’ system that involves huge amounts of calculations (and, thus, processing power) to produce a single token. That said, some cryptocurrencies are inherently more energy efficient than Bitcoin. Scale them up, however, and they may be just as bad, if not worse than the cryptocurrency we currently love to hate. Many much smaller cryptocurrencies, for instance, naturally have a far lower energy footprint because they involve far fewer daily transactions compared to Bitcoin. This is because there are so many parameters at play. Truth be told, it’s incredibly difficult to point to any one currency as being ‘greener’ than others. Are you a Dogecoin fan? See why everyone’s favorite canine-inspired cryptocurrency didn’t make this list here. Keep the suggestions coming, ideally with solid leads/info on why a token deserves attention from investors who care about sustainability, and I’ll do my best to take a look. We’ve also written recently about the push for greater sustainability in the NFT community. UPDATE: Following the immense interest in this topic and great leads on other green cryptocurrencies, I’ve added even more tokens/networks below for our 2023 list. As Bitcoin rises in value, the climate suffers.Epic is the leading digital reading platform for kids 12 and under! Our fun, kid-safe, interactive reading app fuels curiosity and reading confidence by letting kids freely explore their interests, with instant, anytime access to a library of thousands of books, audiobooks, learning videos and more.ĭownload the app today and choose which account is right for you. In-app progress tracking and weekly progress emails EPIC BOOKS STUDENT LOG IN OFFLINEĢ4/7 online access, as well as offline access for on-the-go reading Personalized recommendations based on reading level and interests Audiobooks, Read-To-Me books, quizzes and Spanish-, French- and Chinese-language books Thousands of fun, interactive learning videos (and counting!) 40,000+ popular high-quality books to get them reading and learning anytime, anywhere There are 2 versions that kids can use at home: Epic Unlimited and Epic Basic. Badges and rewards to keep them motivatedįor just $9.99/ month or $79.99/ year, you can create up to 4 individual child profiles (and you can cancel at any time). You can also use Epic at no cost with Epic Basic, which lets kids read a free book a day from a limited library of high-quality books.Įpic School is free for elementary school educators worldwide. Incentives like special badges and rewards for a job well done Seamless progress tracking between in-class and home reading Personalized recommendations based on students’ reading levels and interests The ability to create student profiles and assign books Educators use our award-winning digital library to supercharge reading and learning-with access to tons of high-quality, educational children's books, including Read-To-Me books, audiobooks and nonfiction. Our award-winning platform offers a huge variety of titles for kids 12 and under from leading publishers like Scholastic, National Geographic, HarperCollins and more.
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