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As many know, the current state of our environment's health is fragile, and we, unfortunately, aren't doing enough. Though projects and laws have been announced to combat climate change, it isn't enough.
Human carbon dioxide emissions have risen to more than 35 billion metric tons annually. This amount of carbon dioxide emissions produces excess greenhouse gases that increase heat absorption. Flooding is brought on by the ice caps melting and the rising ocean levels caused by the stored heat. One of the many ways humans produce excessive amounts of carbon dioxide is by mining for cryptocurrencies.
Play-To-Earn games are one of the ways you can earn cryptocurrencies without harming our environment. One of the most promising new play-to-earn games, Moshnake (MSH), has turned the Nokia snake game into a way to earn crypto-tokens on a personal computer. This reduces emissions produced significantly compared to the crypto giants, who produce significant emissions to mine small amounts of cryptocurrency.
Which Cryptocurrencies produce the most significant carbon emissions?
To many people mining Bitcoin may seem like an easy way to make money, specifically by using automatic Application Specific Integrated Circuits (ASICs). However, this kind of machinery can use a lot of energy. Mining a single bitcoin takes approximately 1,449 kilowatt hours (kWh). The energy spent mining Bitcoin (BTC) in a year is a whopping 127 terawatt hours (TWh). In comparison, the average domestic UK household only produces 3,100 kilowatt hours (kWh) a year. This means that to mine approximately 2.1 Bitcoins, you would need to use the amount of energy an average UK household uses in a year.
If you compare the consumption of every UK household to Bitcoin, you would see that all of the households together in 2021 produced 109 terawatt hours (TWh). As large as that number is, it is still 18 terawatt hours (TWh) more than Bitcoin (BTC) uses a year.
All of this energy consumption adds to the climate change crisis that we are so desperately trying to get under control and will further put our planet and us in danger.
The Ethereum blockchain nodes add blocks and distribute them. Nodes that add these blocks get rewarded by ether payouts. Ethereum uses the proof-of-work (PoW) method to select the right blocks. This involves calculating a specific value that could only be determined by making numerous guesses at random. Other nodes won't acknowledge a node's block unless it can prove that it determined this value. This whole process expends a lot of energy. The approximated energy used in 2022 was 94 terrawatt hours (TWh). Though this is less than Bitcoin's energy usage, it is still a considerable amount and will still affect the environment. For this reason, Ethereum is releasing a new mining method called proof of stake (PoS), which will reduce its yearly energy usage.
Moshnake (MSH) is a play-to-earn game where you can earn cryptocurrencies via NFTs and crypto-tokens, which can then be sold for profit. This can all be done on an average at-home PC or laptop. The implications Moshnake has for climate change are much lower due to no significant extra energy used and, in turn, no extra carbon emissions released. Moshnake allows you to earn via crypto whilst ensuring you don't harm the Earth or the people on it.
The pre-sale is live for those who want to earn crypto whilst being eco-friendly!
Website: https://moshnake.io
Telegram: https://t.me/MoshnakeOfficial
Twitter: https://twitter.com/moshnakeToken
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
