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NFTs are shaking up the art world. They may be warming the planet, too 29 Apr, 2021 11:47 PM 8 minutes to read An NFT is a piece of artwork stamped with a unique string of code, but the coding process comes with enormous greenhouse-gas emissions. Photo / 123RF An NFT is a piece of artwork stamped with a unique string of code, but the coding process comes with enormous greenhouse-gas emissions. Photo / 123RF New York Times By: Hiroko Tabuchi When Chris Precht, an Austrian architect and artist, first learned about nonfungible tokens, the digital collectibles taking the art world by storm, he wa...

NFTs are selling for millions. Are they warming the planet, too? Beeple, Everydays – The First 5000 Days, NFT, 21,069 pixels x 21,069 pixels (316,939,910 bytes). Estimate Unknown. Starting Bid: $100 | Open for bidding from February 25 - March 11. © Christie's Images Ltd 2021. by Hiroko Tabuchi (NYT NEWS SERVICE) .- When Chris Precht, an Austrian architect and artist, first learned about nonfungible tokens, the digital collectibles taking the art world by storm, he was so enthralled, he said, he “felt like a little kid again.” So Precht, who is known for his work on ecological architecture...

They May Be Warming the Planet, Too. Making the digital artworks requires colossal amounts of computing power, and that means greenhouse gases. When Chris Precht, an Austrian architect and artist, first learned about nonfungible tokens, the digital collectibles taking the art world by storm, he was so enthralled, he said, he “felt like a little kid again.” So Mr. Precht, who is known for his work on ecological architecture, was devastated to learn that the artworks, known as NFTs, have an environmental footprint as mind-boggling as the gold-rush frenzy they’ve whipped up. “The numbers...