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But we saved everything 🙂.
Nick Gillespie draws a parallel between criticism targeting AI and data centers for their electricity use and similar arguments made against crypto in previous years.
He observes that earlier claims about crypto being an excessive consumer of power were challenged by industry commentators, including Nic Carter and Alex Gladstein. Gillespie suggests that the current concerns about AI and data centers repeat patterns from earlier debates over crypto.
Gillespie has previously covered regulatory and policy challenges facing the crypto sector. In a 2023 piece, he reported that major U.S. unions such as SEIU, AFT, NEA, and AFSCME opposed proposed rules seeking to allow bitcoin and cryptocurrency to operate more openly here. The debate over electricity use echoes earlier industry pushback against such regulatory scrutiny.