“I was, like, O.K., that’s a massive amount, and why is no one talking about it?” he told me recently over Zoom. “I tried to look up some data, but I couldn’t really find anything.” De Vries, then twenty-seven, decided that he would have to come up with the information himself. He put together what he called the Bitcoin Energy Consumption Index, and posted it on Digiconomist.
The increase comes at a time when the whole world is supposedly striving to reach net-zero emissions, and it indicates that global efforts are, to put it mildly, falling short. Much of the increase in emissions came from China, and most of it was driven by century-old technologies, such as the internal-combustion engine. So data centers are, for now at least, a small part of the problem. Still, as the use of A.I.
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