Blockchain technology is seen as a way to modernize the US electrical grid, utilizing human labor and stranded resources to create a decentralized energy infrastructure, according to venture capital firm Pantera’s Cosmo Jiang. By incentivizing people in a decentralized way, blockchain can tap into unused infrastructure and resources to build out a more resilient grid.

The Trump administration considers strengthening the US energy grid a crucial step in advancing artificial intelligence (AI) development. The administration’s AI Action Plan aims to upgrade the electric grid to support data centers and other energy-intensive industries of the future, including AI, crypto mining, and high-performance computing applications.

To meet the demand for AI data centers and high-performance computing, US President Donald Trump is exploring nuclear energy generation and protecting the grid from electromagnetic disruption. The administration is striving to build redundant energy systems to maximize grid uptime and ensure critical backups are always available.

The White House’s recommended policy actions include upgrading US energy infrastructure to meet the needs of AI development. This involves exploring nuclear energy generation, protecting the grid from disruptions, and ensuring redundant energy systems for maximum uptime and resiliency. AI’s power consumption is a concern, potentially surpassing that of Bitcoin mining.

Read more at Cointelegraph: How Blockchain can Drive AI Innovation And Bolster the Energy Grid