Energy Web CEO Jesse Morris explains why blockchain can make “going green” more efficient, how fighting climate change is easier and why they are building on Polkadot.
Powered by WPeMatico
Category: sustainability
Auto Added by WPeMatico
Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining
While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and academic papers this year, AI consumes significant electricity and leverages copious amounts of water to cool data centers. […]Powered by WPeMatico
Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet
On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current 6.7 EH/s. Cleanspark Acquires 45,000 Bitmain Antminers for $144.9 […]Powered by WPeMatico
Meta Announces 10,000 Layoffs in ‘Year of Efficiency’ Move; Singles Out AI Over Metaverse as ‘Largest Investment’
Meta, the social media company, will continue to shed part of its workforce, recently announcing 10,000 new layoffs to be executed during 2023 as part of its new efficiency policy. Mark Zuckerberg, CEO of the company, stated that artificial intelligence (AI) was currently the company’s most prominent investment, even over the metaverse. Meta Announces 10,000 […]Powered by WPeMatico
ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use
Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to showcase the protocol’s progress. Contrary to Cambridge University Data, Analyst Says Bitcoin Mining Uses 52.6% Sustainable Energy These days, there […]Powered by WPeMatico
Terawulf Energizes First Nuclear-Powered Bitcoin Mining Facility in the US, Plans to Expand Operations
Terawulf, a bitcoin mining operation, has announced that it has energized the first nuclear-powered bitcoin mining facility in the United States at the company’s Nautilus Facility in Pennsylvania. According to the company, approximately 1 exahash per second (EH/s) or close to 8,000 application-specific integrated circuit (ASIC) bitcoin miners are now online, and another 8,000 mining […]Powered by WPeMatico
Can blockchain help combat climate change?
Blockchain’s transparency and traceability can aid sustainability and reduce carbon emissions for climate change.
Powered by WPeMatico
Flare gets NFT platform to increase use cases for interoperability protocols
The NFT marketplace Sparkles launched on the layer-1 EVM oracle platform Flare for interoperable protocols to expand use cases for NFTs and their holders.
Powered by WPeMatico
What are the applications of NFTs in supply chains?
PFP NFTs have seen a lot of adoption over the years. Can NFTs be valuable in real-world scenarios and address pain points with supply chains?
Powered by WPeMatico
Davos 2023: Education is key to driving sustainability in blockchain and beyond
Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a panel discussion at the 2023 Davos conference in Switzerland on sustainability in the world of blockchain.
Powered by WPeMatico