{"id":39973,"date":"2021-08-14T19:47:26","date_gmt":"2021-08-14T17:47:26","guid":{"rendered":"https:\/\/www.coinpro.ch\/uncategorized\/energy-consumption-increasingly-important-overview-of-environmentally-friendly-crypto-projects\/"},"modified":"2025-08-08T17:17:26","modified_gmt":"2025-08-08T15:17:26","slug":"energy-consumption-increasingly-important-overview-of-environmentally-friendly-crypto-projects","status":"publish","type":"post","link":"https:\/\/www.coinpro.ch\/en\/insights-en\/energy-consumption-increasingly-important-overview-of-environmentally-friendly-crypto-projects\/","title":{"rendered":"Energy Consumption Increasingly Important: Overview of Environmentally Friendly Crypto Projects"},"content":{"rendered":"

The crypto industry is currently undergoing change. The topic of \u201cenergy consumption\u201d in particular has recently taken up a lot of space around cryptocurrencies. One example is Elon Musk’s discussion<\/a> about the energy consumption of the Bitcoin network. This has led to numerous energy-neutral and sustainable projects that are currently attracting attention. Environmentally friendly crypto projects: This small overview is intended to help show the current situation (as of today). <\/span><\/p>\n

Industry under Constant Fire: Environmentally Friendly Crypto Projects a Must<\/b><\/h2>\n

Cryptocurrencies are typically \u201cmined\u201d in data centers that rely on energy from fossil sources (e.g. coal). The combustion of these fossil fuels leads to an inevitable increase in carbon emissions, which in turn contribute to climate change. <\/span><\/p>\n

According to various studies, <\/span>Bitcoin (BTC)<\/span> consumes more energy than any other type of cryptocurrency. The mining process for producing bitcoins consumes around 116 terawatt hours (TWh) of electricity per year. This corresponds to the electricity consumption of a larger EU country. Fortunately, some mining centers are already switching to renewable energy sources such as solar, hydropower, wind or even <\/span>geothermal energy<\/span><\/a>.<\/span><\/p>\n

Dealing with social issues and the environment are among the key parameters for the growth of companies in the coming decades. That is why the market-leading companies in various industries are aligning their operations accordingly. The crypto industry has also faced heavy criticism due to the excessive use of energy for the mining process – and recently also heavy regulatory countermeasures. First, China began with <\/span>strict measures against Bitcoin mining<\/span><\/a> and forced the miners to give up their business or move to neighboring countries. But also in the rest of the world, eco-mining is moving into the foreground. <\/span><\/p>\n

Related: <\/b>Kazakhstan instead of China: Mining continues to shift<\/b><\/a><\/p>\n

The whole thing also affects the market for non-mineable tokens (Non-Fungible Token, NFT), whose minting requires a lot of electricity and therefore mostly coal power. The minting of an NFT is estimated to consume as much energy on average as an EU citizen in an entire month. The <\/span>NFT market<\/span><\/a> reached its peak in May 2021, but since then the number of NFT users has declined significantly.<\/span> <\/p>\n