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bitcoin
Bitcoin (BTC) $ 97,846.22
ethereum
Ethereum (ETH) $ 3,409.46
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 650.15
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 1.46
binance-usd
BUSD (BUSD) $ 0.98988
dogecoin
Dogecoin (DOGE) $ 0.425333
cardano
Cardano (ADA) $ 1.05
solana
Solana (SOL) $ 255.46
matic-network
Polygon (MATIC) $ 0.566327
polkadot
Polkadot (DOT) $ 8.49
tron
TRON (TRX) $ 0.211339
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    AI Might Face Similar Scrutiny as Bitcoin Mining, Consultants Warn

    Latest News

    • Synthetic intelligence chips just lately got here underneath scrutiny for his or her vital electrical energy consumption.
    • A single Nvidia GPU chip reportedly consumes as a lot vitality as a typical US residence.
    • Tech influencers projected that information facilities will eat 50% extra electrical energy this yr than in 2020.

    Synthetic intelligence (AI) chips have come underneath scrutiny from vitality and tech consultants for his or her vital electrical energy consumption. Vitality entrepreneur Brian Gitt just lately took to X (previously Twitter) to report the rising vitality consumption by AI chips. In response to Gitt, a single Nvidia graphics processing unit (GPU) consumes roughly the identical quantity of vitality as a typical home in america.

    Citing information gathered by finance skilled Duncan Simmons, Gitt advised his followers on X that Nvidia GPUs are on monitor to eat extra vitality than your entire deliberate US information heart capability expansions over the subsequent decade. In 2023, information facilities will reportedly eat 50% extra electrical energy than they did in 2020.

    Responding to Gitt’s tweet, crypto influencer Nic Carter identified that Bitcoin mining was additionally subjected to the criticisms that AI is presently dealing with. In response to Carter, the criticism for AI will proceed given the unregulated open-source nature of AI fashions, that are onerous to manage or regulate by a centralized authority.

    See also  WazirX Hacker Cashes Out: $6.5M ETH Moved to Twister Money

    Bitcoin mining has been underneath scrutiny from environmentalists who’ve repeatedly highlighted the energy-intensive mining course of. In late 2017, the World Financial Discussion board (WEF) printed a report claiming that in 2020, Bitcoin would eat extra energy than the world did on the time. Related criticisms had been beforehand directed in the direction of rising expertise just like the web.

    Earlier this yr, Duncan Simmons printed a report that took a better have a look at builders’ pivot from Bitcoin mining to high-performance computing and synthetic intelligence. Citing current developments, Simmons acknowledged that Bitcoin miners transitioned to the high-performance computing market after BTC’s value took a success. Bitcoin builders are reportedly well-positioned to contribute to the AI market, given their expertise with large-scale and high-capacity operations.

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