Cryptocurrencies with energy consumption less than 1% of Bitcoin
Which cryptocurrencies have energy conspumtion per transaction less than 1% of Bitcoin's energy consumption per transaction ?
Cryptocurrencies using Proof of Stake concept are considered to be more energy efficient. For example Cardano, NXT or NEO are using Proof of Stake. On the other side, Dogecoin is a Proof of Work cryptocurrency that has quite low energy conspumtion per transaction.
Ethereum is now using proof of work concept, but it is expected to be more energy efficient when it will be transformed to proof of stake. According to some sources, its energy consumption should be reduced by more than 99%.