How cryptocurrencies and NFTs ruin our climate

The last time (a few years ago) I heard about the energy consumption of Bitcoin mining it was tipped to use an energy equivalent in the range of Ireland to Austria. That was bad enough but I did not expect how cryptocurrencies and NFTs ruin our climate today. Now I stumbled across the latest statistics that the energy of the two biggest cryptocurrencies, Bitcoin and Ethereum, have an energy consumption ranging between Italy and the UK!

         Energy Consumption by Country including Bitcoin & Ethereum

In other words, a single Bitcoin transaction uses up as much energy an average US household would over 73,82 days! Or it would equate to 1,451,245 VISA transactions!

Inkjet Insight: Inkjet Innovation Week

This week is Innovation Week at Inkjet Insight.

From the 14th of June to the 18th Inkjet Insight is hosting the 2021 virtual Inkjet Innovation Week to educate the industry on the latest inkjet technology coming to market across document, labels, packaging and industrial segments. Technology coverage includes presses, press components, software and finishing. Anchoring the event are a series of 60 minute, expert-led webinars during the week of June 14th. An additional 30 minutes has been reserved for Q&A and questions may also be sent to experts in advance.

The 5 days do focus on the following segments:

  • Web-fed document production
  • Sheet-fed document production
  • Packaging & labels
  • Industrial and bespoke systems
  • Inkjet workflow and efficiency (software and hardware)

Inkjet insight - innovation week 2021

Together with Amy Machado from IDC and Elizabeth Gooding I will present on the second day on sheet-fed inkjet. We will cover market data, the latest launches, technology progress, where sheet-fed inkjet makes sense and what might come next.

Register here (for all 5) and join us.

If you missed the Inkjet Insight innovation week 2021, you can also get the presentations for download. Additionally you can contact me for further questions.

Virtual drupa – day three

22nd of April is Earth Day – and it is virtual drupa day three 2021. Still there were 57 vendor or conference presentations to choose from. Again, I listened in into about a dozen, with a few more briefly looked at.

As Earth Day is an annual event on April 22 to demonstrate support for environmental protection it is no surprise that one of the drupa main conference topics today was sustainability – or in the words of drupa “circular economy”. The other theme of the “connected consumer” was less visible – I guess since all attendees were connected this counts as well.

Virtual drupa 2021 – four days on your screen

Drupa 2020 is history – that never happened. Drupa 2021 fell victim to the pandemic as well. But there is still virtual drupa in 2021 and we are all curious on how this experiment is going to work out. After all, a virtual event is almost the opposite to the live, meet and touch drupa we all know. Virtual drupa 2021 is going to take place next week on four days on your screen, from the 20th of April to the 23rd.

Virtual drupa will have several elements:

  • An exhibition space
  • A networking plaza
  • A conference area