Pi Network’s Low Energy Use: A Sustainable Solution for the Future of Cryptocurrency

Pi Network is making waves in the crypto space by promoting energy efficiency. Its approach aligns with the United Nations’ global climate goals and aims to combat environmental impact. Unlike traditional cryptocurrencies that rely on energy-intensive proof-of-work (POW) algorithms, Pi utilizes a low-energy consensus mechanism based on the Stellar Consensus Protocol (SCP). This allows for mining coins directly on smartphones without needing massive servers or specialized hardware. 99.7% less energy is consumed compared to Bitcoin and contributes significantly towards reaching net-zero emissions.