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Energy experts are predicting a seismic shift in the tech world, projecting that AI and cloud computing will consume five times more energy than Bitcoin mining by 2027. Currently, AI’s <a href="https://ultramining.com/news/en/minnesota-man-faces-accusations-of-electricity-theft-for-bitcoin-mining/" rel="noopener noreferrer nofollow">electricity</a> consumption is already growing rapidly, and it's expected to make up 9% of the <a href="https://ultramining.com/news/en/senator-lummis-pushes-for-crypto-regulation-amid-sec-lawsuits/" rel="noopener noreferrer nofollow">U.S.</a>'s total energy consumption by 2030.
This projection raises questions about sustainability and the need for more efficient energy solutions in both industries. While Bitcoin mining has often been criticized for its energy use, these figures suggest that other tech sectors, particularly AI, will soon dwarf its consumption. The focus is now on developing more efficient energy models to cope with the rising demand from these industries.
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AI and Cloud Computing Expected to Consume 5 Times More Energy Than Bitcoin Mining by 2027

Ultramining_Eng

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