3min chapter

The Rich Roll Podcast cover image

Roll On: Owning The Matrix

The Rich Roll Podcast

CHAPTER

The Carbon Footprint of Block Chain and Crypto Currency

Nft has created a way for aditual artists to sell something without having to put it in a gallery. A single nft transaction ands the same amount of energy an average european union household would need for an entire month. Block chain is being used, not just in art and in currency,. It's been used, there's people who want to use it for voting. The fact that it's being used all this way, and there is a carbon footprint is interesting. And what we don't see is what's powering this whole thing, which, well, demands a tremendous amount of energy and computing power.

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