Funny you should mention blockchains. Ethereum, the second-largest blockchain after Bitcoin, switched from proof-of-work to a proof-of-stake validation system two and a half years ago. That cut its energy use by 99.95%. The “blockchains are inherently a huge waste of energy” narrative is just firmly lodged in the popular view of them now, though, despite it being long proven false.
Funny you should mention blockchains. Ethereum, the second-largest blockchain after Bitcoin, switched from proof-of-work to a proof-of-stake validation system two and a half years ago. That cut its energy use by 99.95%. The “blockchains are inherently a huge waste of energy” narrative is just firmly lodged in the popular view of them now, though, despite it being long proven false.
But that’s really good! And also means that cloud based AI is even worse than blockchain in terms of environmental impact.