AI and HPC has a higher carbon footprint because it taxes energy grids. AI/HPC doesn't use any stranded energy?

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The article 'The Large Environmental Consequences of Bitcoin Mining' published on the LSE Business Review discusses the growing concerns about the environmental impact of Bitcoin mining. The study highlights the substantial energy demands of Bitcoin mining and its contribution to rising carbon emissions. According to the article, the energy consumption of Bitcoin mining is estimated to be around 75 TWh per year, which is comparable to the energy consumption of entire countries. Furthermore, the article mentions the increasing debate about the environmental sustainability of Bitcoin mining and the need for more efficient and eco-friendly mining practices. If you're interested in learning more about Bitcoin mining, you can refer to the Investopedia article 'What Is Bitcoin Mining? How to Get Started' or the Coinbase guide 'Crypto basics - What is mining?' which provide a comprehensive overview of the mining process and its role in the cryptocurrency ecosystem.

4 Citations

Bitcoin mining hurts the environment | LSE Business Review https://blogs.lse.ac.uk/businessreview/2024/11/08/the-large-environmental-consequences-of-bitcoin-mining/

What Is Bitcoin Mining? How to Get Started https://www.investopedia.com/terms/b/bitcoin-mining.asp

How Does Bitcoin Mining Work? A Beginner's Guide https://www.investopedia.com/tech/how-does-bitcoin-mining-work/

Crypto basics - What is mining? https://www.coinbase.com/learn/crypto-basics/what-is-mining