HarishDec 16, 2021 · 3 years ago8 answers How does NFT power consumption affect the energy efficiency of blockchain technology?
As NFTs gain popularity, concerns about their power consumption and its impact on the energy efficiency of blockchain technology have emerged. How does the power consumption of NFTs affect the overall energy efficiency of blockchain systems? Are there any specific aspects of NFTs that contribute to higher power consumption? What are the potential consequences of this power consumption on the environment and sustainability of blockchain technology?