The Cardano Foundation, in partnership with the Cryptocurrency Carbon Assessment Institute (CCRI), has released sustainability metrics for the Cardano network in line with the upcoming EU MiCA regulation. 🌍
The report highlights that Cardano runs on a more energy-efficient protocol and consumes significantly less power than proof-of-work protocols.
The report also provides the total annual electricity consumption and carbon footprint of the Cardano network, as well as marginal energy demand per transaction per second.
Cardano Foundation CEO Frederic Gregaard said the foundation wants to ensure compliance with upcoming EU regulations and set a benchmark for the crypto industry.