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

https://lemmy.zip/post/9725950

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

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

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.
Also over half is used by green energy already and will continue to grow

There is a caveat to this. It’s been a few years since I read the article, but oftentimes the reason Bitcoin miners run on renewables is because they set up shop in places that have established local cheap electricity.

The example in the article was a town with ideal geography for hydro power, to the point electricity was cheap enough to sell it to the next town over. Crypto-miners set up in the first town and quickly began using more power, driving up the cost and eventually causing serious issues for the second town as there wasn’t enough electricity leftover to send their way anymore.

I'm no fan of Bitcoin, but often the energy they use from hydro plants is energy that would literally be wasted otherwise. A hydro dam can't control how much water is entering the reservoir, so if there's more water entering the reservoir than is needed to generate electricity for the current demand then the dam will need to just throw the extra water away. Trying to transmit the electricty to remote markets can be an alternative, but that costs resources too and isn't always practical.

The hydro plant for my city doesn’t even have a reservoir. It’s just on a river. And 99.999% of the water doesn’t go through any turbines.

Having said that - it doesn’t produce enough power for the city, let alone spare to be wasted on other things.