Yes and no. NFTs minted on early generation blockchains, like Ethereum, generally require a lot of energy due to the way "proof-of-work" consensus algorithms behave to validate transactions. To mint a single NFT on “proof-of-work” blockchains is estimated to take the equivalent amount of energy it takes to power a U.S. household for over 4.5 days and produces as much as 300 pounds in CO2 emissions.
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