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Digiconomist.net
Over the past year, my research has first highlighted the rapidly growing power demand of AI systems, followed by an assessment of the associated carbon and water footprints. Today, my latest research—published in Resources, Conservation & Recycling—addresses another, often overlooked… Continue Reading →
AI systems may now have a carbon footprint equivalent to that of New York City in 2025, while their water footprint could be in the range of the global annual consumption of bottled water. After previously estimating the global power… Continue Reading →
AI systems may now have a carbon footprint equivalent to that of New York City in 2025, while their water footprint could be in the range of the global annual consumption of bottled water. After previously estimating the global power… Continue Reading →
AI systems may now have a carbon footprint equivalent to that of New York City in 2025, while their water footprint could be in the range of the global annual consumption of bottled water. After previously estimating the global power… Continue Reading →
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 were responsible for up to 20% of global data center… Continue Reading →
Digiconomist is committed to promoting (the development of) sustainable blockchain technology. Blockchain protocols such as Bitcoin currently run on the energy-slurping proof-of-work algorithm (creating these proofs of work is better known as “mining”). The Bitcoin Energy Consumption index is a… Continue Reading →
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 gigawatts of power demand, responsible for around 80 megatonnes of… Continue Reading →
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 gigawatts of power demand, responsible for around 80 megatonnes of… Continue Reading →
BitBay (bitbay.net) was launched in the Poland in 2014 as a provider of cryptocurrency exchange services. The company’s legitimacy has been evaluated based on the items listed below. Every individual item has been checked for the presence of obvious red… Continue Reading →
Bittrex (bittrex.com) was launched in the United States in 2014 as a provider of cryptocurrency exchange services. The company’s legitimacy has been evaluated based on the items listed below. Every individual item has been checked for the presence of obvious… Continue Reading →
Coinfloor (coinfloor.co.uk) was launched in the United Kingdom in 2013 as a provider of cryptocurrency exchange services. The company’s legitimacy has been evaluated based on the items listed below. Every individual item has been checked for the presence of obvious… Continue Reading →
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 sustainability of digital assets such as Bitcoin has been a… Continue Reading →
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 sustainability of digital assets such as Bitcoin has been a… Continue Reading →
LakeBTC (lakebtc.com) was launched in 2013 as a provider of cryptocurrency exchange services. The company’s legitimacy has been evaluated based on the items listed below. Every individual item has been checked for the presence of obvious red flags or warning… Continue Reading →
HitBTC (hitbtc.com) was launched in 2013 as a provider of cryptocurrency exchange services. The company’s legitimacy has been evaluated based on the items listed below. Every individual item has been checked for the presence of obvious red flags or warning… Continue Reading →
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, which meant they were also impacted by the energy-hungry proof-of-work… Continue Reading →
ANXPRO (anxpro.com) was launched in 2013 as a provider of cryptocurrency exchange services. The company’s legitimacy has been evaluated based on the items listed below. Every individual item has been checked for the presence of obvious red flags or warning… Continue Reading →
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, titled “Cryptocurrencies on the road to sustainability: Ethereum paving the… Continue Reading →
Poloniex (poloniex.com) was launched in 2014 as a provider of cryptocurrency exchange services. The company’s legitimacy has been evaluated based on the items listed below. Every individual item has been checked for the presence of obvious red flags or warning… Continue Reading →
Digiconomist has launched a new API for developers to retrieve energy consumption and carbon footprint data on the Bitcoin, Ethereum and Dogecoin networks. The respective energy index pages already provide downloadable data on the annualized energy consumption of these networks, but… Continue Reading →