Tag

Energy Consumption

All articles tagged with #energy consumption

technology2 months ago

Professor Coin Explores Bitcoin's Role in Sustainable Crypto Future

Bitcoin's energy consumption remains high, with recent estimates at 138 TWh annually, raising environmental concerns beyond just carbon emissions to include water, land, and e-waste impacts. While Bitcoin continues to use proof-of-work, which is energy-intensive, alternatives like Ethereum's proof-of-stake demonstrate that blockchain networks can be secure and more sustainable. Policy pressures are increasing, and the future of crypto's environmental impact depends on technological, regulatory, and community choices.

business4 months ago

Wall Street Surprised by Oracle-OpenAI Deal

OpenAI and Oracle announced a surprise $300 billion, five-year deal, highlighting Oracle's ongoing role in AI infrastructure despite its diminished presence compared to rivals. The deal underscores OpenAI's strategy to diversify and scale its AI computing resources, though key details about power sourcing and payment remain unclear. The partnership reflects broader industry trends of significant investment in AI compute power and energy sustainability efforts.