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Mashup Score: 4The growing energy footprint of artificial intelligence - 1 year(s) ago
Throughout 2022 and 2023, artificial intelligence (AI) has witnessed a period of rapid expansion and extensive, large-scale application. This accelerated development raises concerns about the electricity consumption and potential environmental impact of AI and data centers. This commentary reveals that the AI enthusiasm of 2022 and 2023 has put the AI server supply chain on track to deliver a more significant contribution to worldwide data center electricity consumption in the coming years.
Source: www.cell.comCategories: General Medicine News, Latest HeadlinesTweet
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Mashup Score: 22The growing energy footprint of artificial intelligence - 1 year(s) ago
Throughout 2022 and 2023, artificial intelligence (AI) has witnessed a period of rapid expansion and extensive, large-scale application. This accelerated development raises concerns about the electricity consumption and potential environmental impact of AI and data centers. This commentary reveals that the AI enthusiasm of 2022 and 2023 has put the AI server supply chain on track to deliver a more significant contribution to worldwide data center electricity consumption in the coming years.
Source: www.cell.comCategories: Expert Picks, Latest HeadlinesTweet-
The energy consumption with searches via large language models vs Google https://t.co/duln5OOi6u by @DigiEconomist @Joule_CP
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By 2027, #AI tools world-wide could consume as much electricity annually as a small country. Read more about the growing footprint of artificial intelligence in @Joule_cp Commentary by Alex de Vries (@DigiEconomist) https://t.co/QYIrZ64mko
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Mashup Score: 3
Ethereum, the second largest cryptoasset by market capitalization, had its proof-of-work mining mechanism replaced with an alternative known as proof of stake during an event called The Merge on September 15, 2022. The Ethereum network likely reduced its power demand by 99.84% to 9.9996% as a result of this change. The merge may now serve as a roadmap to enable a change from proof of work to…
Source: PatternsCategories: General Medicine News, Latest HeadlinesTweet-
Cryptocurrencies can be more sustainable by following Ethereum’s lead, says @DigiEconomist founder Alex de Vries Read more in @Patterns_CP: https://t.co/jn9sVuuYmh
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Mashup Score: 3Revisiting Bitcoin’s carbon footprint - 3 year(s) ago
In the spring of 2021, the mining crackdown in China shook up global Bitcoin mining activity. We show that this crackdown may have reduced the use of renewable electricity sources for Bitcoin mining, resulting in increased carbon intensity of mining activities. We estimate that Bitcoin mining may be responsible for 65.4 MtCO2 annually, which is comparable to country-level emissions in Greece.
Source: JouleCategories: General Medicine News, Latest HeadlinesTweet-
"Revisiting Bitcoin’s carbon footprint" - Read more from this Commentary in @Joule_CP: https://t.co/1r9LZE7QrY @DigiEconomist @UliGall @lena_klaassen Christian Stoll https://t.co/tgIXCr87AZ
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Mashup Score: 7
As the price of Bitcoin rises, the negative externalities associated with Bitcoin mining increase in kind. This article shows how a simple economic model might be used to estimate the potential environmental effect of Bitcoin mining for a given Bitcoin price. These estimates reveal that the record-breaking surge in Bitcoin price at the start of 2021 might result in the network consuming as much…
Source: JouleCategories: General Medicine News, Latest HeadlinesTweet-
"The price of Bitcoin can crash by 25%, 30%, and you may still end up at the same energy consumption point because of the lock-in effect," says founder of @DigiEconomist Alex de Vries. Read his Commentary now in @Joule_CP https://t.co/2pA2WTYwKv #crypto https://t.co/bCxEuIgnRb
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Mashup Score: 25
As the price of Bitcoin rises, the negative externalities associated with Bitcoin mining increase in kind. This article shows how a simple economic model might be used to estimate the potential environmental effect of Bitcoin mining for a given Bitcoin price. These estimates reveal that the record-breaking surge in Bitcoin price at the start of 2021 might result in the network consuming as much…
Source: JouleCategories: General Medicine News, Latest HeadlinesTweet-
Alex de Vries, founder of @DigiEconomist, quantifies how the surging Bitcoin price is driving increased energy consumption and suggests that if the price falls, the amount of energy used will be "locked in." Read his Commentary now in @Joule_CP https://t.co/rMbprUlcIE #crypto https://t.co/Jhmgrp0Eeb
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By 2027, #AI tools world-wide could consume as much electricity annually as a small country. Read more about the growing footprint of artificial intelligence in @Joule_cp Commentary by Alex de Vries (@DigiEconomist) https://t.co/QYIrZ64U9W