How Does Cardano’s Energy Efficiency Compare to Other Cryptocurrencies?
Cardano is one of the most energy-efficient blockchain networks due to its Proof-of-Stake (PoS) consensus mechanism. Unlike Bitcoin, which relies on energy-intensive mining, Cardano allows ADA holders to validate transactions based on their stake in the network. This reduces electricity consumption significantly while maintaining network security. Compared to Ethereum’s former Proof-of-Work (PoW) model, Cardano uses a fraction of the energy, making it an attractive choice for eco-conscious investors. As sustainability becomes a key factor in blockchain adoption, ADA’s energy efficiency may contribute to its long-term growth. Keeping track of the ADA price can help investors understand how environmental concerns influence market trends.