Cardano Sets Benchmark in Crypto Sustainability with New Energy-Efficiency Report

July 3, 2024
Cardano Sets Benchmark in Crypto Sustainability with New Energy-Efficiency Report
  • The Cardano Foundation and CCRI have released a detailed sustainability assessment for the Cardano blockchain.

  • The assessment highlights the energy-efficient consensus protocol Ouroboros, with an annualized energy consumption of 704.91 MWh.

  • Cardano's carbon emissions are measured at 250.73 tonnes of CO2 equivalent.

  • The network generates 8.26 tonnes of waste electrical and electronic equipment annually, indicating a need for better recycling practices.

  • This sustainability effort is in line with upcoming MiCA regulations, showcasing Cardano's commitment to transparency and environmental sustainability.

  • Cardano operates with 3,147 nodes and processes 19,530,055 transactions annually, setting a benchmark for regulatory compliance and sustainability in the cryptocurrency industry.

  • CEO Frederik Gregaard emphasizes the importance of meeting regulatory requirements and building trust through these sustainability efforts.

Summary based on 4 sources


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