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Because AI and Crypto use so much electricity, what if a law was made that they had to power it with green energy? (lemmy.zip)

submitted 7 months ago* (last edited 7 months ago) by therealjcdenton@lemmy.zip to c/technology@lemmy.world

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Something on the lines of if your company facility is using over X amount of energy the majority of that has to be from a green source such as solar power. What would happen and is this feasible or am I totally thinking about this wrong

Edit: Good responses from everyone, my point in asking this was completely hypothetical, ignoring how hard it would be to implement a restriction. My own thoughts are that requiring the use of renewable energy for high electricity products could help spur the demand for it as now it's a requirement. Of course companies would fight back, they want money

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[–] FaceDeer@kbin.social 46 points 7 months ago (27 children)

Since it's a common mistake when discussing cryptocurrency energy use, I should point out that it's really only Bitcoin specifically that uses significant amounts of electricity these days. Most other cryptocurrencies have switched to proof of stake systems, which uses negligible energy.

[–] tristan@aussie.zone 23 points 7 months ago* (last edited 7 months ago) (12 children)

Just to expand on this, While eth is 99.99% less energy use than Bitcoin, it still added 2.8 kilotonnes of co2 last year which is equal to about 2000 average houses for a year.

It's a negligible amount in the scheme of things, but a lot for a virtual currency especially when you add up all the various cryptocurrencies out there.

It wouldn't hurt to make all the POS ones use green energy, but probably wouldn't impact anything by itself.

Changing Bitcoin to green energy alone probably would however.

[–] omgitsaheadcrab@sh.itjust.works 1 points 7 months ago

There's an estimated 2.2 billion residences on earth. That's a pretty small percentage 😅

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