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authorNicholas Johnson <nick@nicholasjohnson.ch>2022-12-25 00:00:00 +0000
committerNicholas Johnson <nick@nicholasjohnson.ch>2022-12-25 00:00:00 +0000
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title: "Avoid Using Cryptocurrency"
date: 2021-07-18T00:00:00
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# Cryptocurrency's Unreasonably High Energy Consumption
The criticisms I'm about to levy do not apply to every cryptocurrency. I'm only criticizing the cryptocurrencies that involve high energy usage per transaction. Proof of X based cryptocurrencies where X is work, storage or some other energy-intensive process fall into this category. But I'm mostly referring to proof of work. I'm excluding proof of stake cryptocurrencies because proof of stake does not cause considerable energy usage per transaction. I'm still including non-blockchain cryptocurrencies that employ proof of work and use a high amount of energy per transaction. From now on I'll use the word "cryptocurrency" to mean only those in that high energy consumption group without further explanation.