Solana claims 1 transaction uses 2 less energy than Google search

Transactions on the blockchain platform Solana use very little energy compared to other platforms like it. Solana has claimed in a new report that Google's two searches consume more energy than one transaction. Solana's transactions use 24 times less energy than charging a mobile phone for an hour. The report states that Solana has an annual energy consumption of 3,186,000 kilowatt hours (kWh).

One Solana transaction consumes 1,837 Joules of energy, while two Google searches take 2,160 Joules of energy. In terms of crypto, a Bitcoin transaction consumes 6,995,592,000 Joules of energy and an Ethereum transaction takes 692,820,000 Joules.

"The entire Solana network consumes 3,186,000 kWh of energy per year. This is equivalent to the average electricity use of 986 US households," the report said. The report claims that Solana is more environmentally friendly than other crypto networks. Many countries have expressed apprehensions about the high consumption of electricity in crypto activities. This has also raised the demand to control crypto networks.

Solana launched its beta network last year. Its crypto token is SOL which has a market cap of approximately $58,818,583,551. Solana Foundation has said that it will release regular reports on its electricity consumption. Along with this, eco-friendly activities will also be promoted.

From January 2016 to June 2018, the mining activities of the four major cryptocurrencies are estimated to emit about 13 million tonnes of carbon dioxide. Earlier this month, the Electric Reliability Council of Texas (ERCOT) in the US said it expected a nearly five-fold increase in electricity load due to bitcoin mining in Texas.There was a power outage in Texas late last year, and residents of Texas say the reason was crypto-related activities. Earlier, China has banned the activities of bitcoin due to high consumption of electricity.