The Most Energy-Efficient Cryptos to Buy in 2022

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

The crypto market’s reputation has undoubtedly been harmed by Bitcoin’s substantial energy requirements, resulting from the network’s Proof-of-Work (PoW) consensus protocol. However, many crypto projects now look to offer a more energy-efficient solution, making them more appealing to environmentally-conscious investors.

This guide discusses the most energy-efficient cryptocurrency projects on the market, diving into the technology that enables them to reduce their energy consumption drastically, before exploring why energy-efficient cryptos are so crucial in today’s world. 

The Most Energy-Efficient Cryptocurrency – Top 8 Projects for 2022

When looking for the crypto with the most upside, investors may wish to consider projects with reduced energy consumption. This is because the most energy-efficient crypto projects often employ cutting-edge technology – a factor that helps them become ‘futureproof’.

With that in mind, listed below are eight of the lowest energy cryptocurrency projects for 2022:

1. Ethereum (ETH) – The Most Energy-Efficient Cryptocurrency for 2022
2. Stellar (XLM) – Best Energy-Efficient Cryptocurrency for Payment Processing
3. Avalanche (AVAX) – The Most Energy-Efficient Crypto with High Scalability
4. Solana (SOL) – Best Energy-Efficient Crypto for dApp Developers
5. Cardano (ADA) – Low-Energy Blockchain with Peer-Reviewed Technology
6. IOTA (MIOTA) – The Crypto with the Least Energy Consumption in the IoT Niche
7. Hedera (HBAR) – Energy-Efficient Alternative to Blockchain Networks
8. Tezos (XTZ) – Low-Power Blockchain with Innovative ‘Liquid Proof-of-Stake’ Protocol

Buy Energy-Efficient Cryptos with eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

A Detailed Look at the Most Energy Efficient Cryptos for 2022

The lowest energy crypto projects are located in various market niches, highlighting the growing need for eco-friendly technologies across the board. Even many of the best metaverse coins now focus on sustainability, which has become an essential consideration for many investors. 

Let’s take a closer look at the safe energy crypto projects listed above, exploring how their technology helps limit their carbon footprint.

1. Ethereum (ETH) – The Most Energy-Efficient Cryptocurrency for 2022

Taking the top spot on our list of the most energy-efficient cryptocurrency projects is Ethereum. Most crypto investors will have heard of Ethereum, as it remains the second-largest cryptocurrency as measured by market cap (behind Bitcoin). However, many believe Ethereum is actually more valuable than Bitcoin due to its many use cases. 

As a smart contract-enabled blockchain, Ethereum provides the foundation for decentralized app (dApp) developers to host their creations. This has led to massive innovation in various high-growth sectors, including NFTs, the metaverse, and decentralized finance (DeFi).

The recent ‘Ethereum merge‘ saw the network move to a Proof-of-Stake (PoS) consensus protocol. This removes the problems associated with crypto mining energy consumption since Ethereum’s blocks are now validated through staking. As a result, Ethereum’s energy requirements are now drastically lower than before. 

To put this into context, a recent report by CNN notes that the network will now use around 99.95% less energy than when it used a Proof-of-Work (PoW) consensus mechanism. In turn, this reduced crypto energy consumption has driven Ethereum into the limelight, helping change people’s perceptions of the crypto market. 

Overall, this energy-efficient crypto cryptocurrency tops our list due to its sheer size, making the team’s focus on sustainability even more impressive. Finally, given that Ethereum’s change to a PoS consensus protocol also makes the network much…