AI tasks typically demand more powerful hardware than traditional computing tasks. Meanwhile, bitcoin mining shows no signs of slowing down, with mining rates hitting 565 exahashes per second (EH/s) currently, a five-fold increase from three years ago.

" The situation is already getting out of hand: U.S. power demand has started rising for the first time ever in 15 years. “We as a country are running out of energy,” Michael Khoo, climate disinformation program director at Friends of the Earth and co-author of a report on AI and climate, has told CNN. "