Chia among the most environmentally friendly cryptocurrencies of 2022 [Press Review]

Sustainable development is one of the main trends observed in the crypto industry. The massive energy consumption caused by Bitcoin has cast a shadow on the image of blockchains, but more progressive networks are trying to fix that. More and more projects are using environmentally friendly technologies, reducing energy demand, and consequently, reducing their carbon footprint.

As the second on the mentioned list - among others, ahead of Ethereum, Ripple, or Cardano - Chia was mentioned. The article awarded it the title of "Popular Sustainable Cryptocurrency 2022". Just such a mention positively impacts the interests of farmers - and it was accompanied by a very enthusiastic description. Chia was described as the "most eco-friendly cryptocurrency with a bright future ahead". Indeed, the network consumes about 0.19 TWh of electricity per year, which is about 0.16% of what Bitcoin consumes in the same period. According to the portal Cryptonews.com, the blockchain based on the PoST protocol is beneficial to the environment, and XCH is one of the best currencies to invest in.

There were also many important announcements on the official Chia website. Soon, we will present a summary of the most interesting news and articles - you will learn more about plotting with Akash Network, the decentralized Chia DataLayer, and the Circular Drive Initiative. You will also get to know three new tools for developers that Chia Network has released in beta version.

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