Complete Quiz Earn $CEXP
Isn't crypto bad for the planet?" (It depends - here's the real story)
1. How do many newer coins reduce energy usage?
🔴By using proof of stake
2. Which major coin is known for using more energy?
🔴Bitcoin
3. Why are credit card networks considered energy-heavy?
🔴They rely on many layers of third parties
4. What types of renewable energy are mentioned?
🔴Hydro, wind, solar
5. What does the video say about traditional banking systems?
🔴 They also consume a lot of energy
6. What percentage of Bitcoin mining now runs on renewable energy?
🔴More than half
7. How much power does proof of stake use compared to proof of work?
🔴 Much less - even less than a Netflix binge
8. What should you say when someone claims crypto is bad for the planet?
🔴 Some of it was. A lot of it isn't. And we're improving.
9. What kind of system does Bitcoin use?
🔴Proof of work
10. What was one of the early criticisms of crypto?
🔴 It used as much energy as a small country.
