The Dark Side of NFTs: Can Digital Art Really Be Eco-Friendly?
The NFT boom has transformed how we value digital art, but its environmental impact is staggering. A single Ethereum transaction pre-merge consumed as much energy as an average U.S. household for 9 days. While Ethereum’s switch to Proof-of-Stake (The Merge) slashed its energy use by 99%, other chains like Bitcoin-based NFTs still rely on energy-guzzling […]
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