Month: February 2018

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Bitcoin’s electricity consumption surpasses Singapore and Portugal

Digiconomist February 19, 2018 Sustainability

According the Bitcoin Energy Consumption Index the whole Bitcoin network now consumes more than 50 terawatt-hours (TWh) of electricity per year.

Bitcoin Sustainability Report January 2018

Digiconomist February 1, 2018 Sustainability

Digiconomist is committed to promoting (the development of) sustainable blockchain technology.

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13 Nov 1856762064707916006

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23 Oct 1848988961324032234

“AI will consume a lot of energy in the data centers, but the power of AI will ultimately unlock sustainability and efficiency across all industries.”

The typical justification for AI’s huge energy demand is a mix of wishful thinking and ignorance (ie ignoring Jevons’ Paradox).

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23 Oct 1848988961324032234

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29 Sep 1840492413007057357

If transparency threatens your industry, then there might be something wrong with your industry.

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29 Sep 1840361538856558715

The tech giant does not consider it “meaningful” to provide AI-specific info, despite pointing to AI as the driver for their surging carbon emissions (50% increase compared to five years ago).

The battle for transparency may be over in crypto, but it has only just started for AI

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