How Blockchain Is Evolving to Fix Its Biggest Problem

1 month ago 26

Can Crypto Go Green?

Mia Balan

The Capital

Crypto has a problem.

And no, it’s not scams

volatility

regulators breathing down its neck

Though those are all fun in their own way. The real problem? Energy consumption.

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Bitcoin alone sucks up more electricity than entire countries —

(Argentina, the Netherlands — take your pick).

That stat gets thrown around in every anti-crypto argument, and honestly, they’ve got a point.

Traditional Proof-of-Work (PoW) mining is like running a global, never-ending math competition that wastes absurd amounts of energy just to validate transactions.

So, recently I had one of those conversations.

You know the kind — where someone who hates crypto decides to school you on why it’s ruining the planet.

“Bitcoin mining is worse than oil drilling.”

I laughed.

Rolled my eyes.

I’ve heard it all before.

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