AI power demand rapidly escalating
Artificial intelligence (AI) is rapidly becoming the largest energy hog within worldwide digital infrastructure. In my latest research, published in the academic journal Joule today, I show that AI systems
Artificial intelligence (AI) is rapidly becoming the largest energy hog within worldwide digital infrastructure. In my latest research, published in the academic journal Joule today, I show that AI systems
In recent years it has become well known that cryptocurrency networks such as the Bitcoin network are energy intensive systems. As of 2024, Bitcoin mining operates on more than 16
Continue readingA deep dive into cryptocurrency decentralization
It has been nine years since Digiconomist was first launched with the objective of “exposing the unintended consequences of digital trends.” For a big part of these nine years, the
Continue readingPowering AI could use as much electricity as a small country
It wasn’t long ago non-fungible tokens (NFTs) were making headlines for their excessive environmental impact. Most of these NFTs were making use of the Ethereum blockchain or a related platform,
Continue readingThe Latest Hype in NFTs is a Climate Disaster: On-Chain Bitcoin NFTs
A new article published in the peer-reviewed journal “Patterns” has caught the attention of various mainstream media such as the BBC and Bloomberg. The article by Digiconomist-founder Alex de Vries,
Continue readingNew research highlights success of Ethereum’s merge