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Tag: NFT Ecological Impact

Environmental Concerns with NFTs
  • NFTs

Environmental Concerns with NFTs: Myths vs. Facts

factivaa3 months ago3 months ago020 mins

A single Ethereum NFT transaction uses about 260 kilowatt-hours of electricity. This is as much as an average American home uses in nine days. This fact shows how big the environmental worries about NFTs are. It has led to a big debate worldwide about how digital tech affects our planet. The growth of NFT technology…

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