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    The Delicate Method AI Information Facilities Increase Bitcoin Mining Economics
    Bitcoin

    The Delicate Method AI Information Facilities Increase Bitcoin Mining Economics

    By Crypto EditorNovember 21, 2024No Comments1 Min Read
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    The Delicate Method AI Information Facilities Increase Bitcoin Mining Economics

    “I do not assume the competitors for energy from AI services will considerably influence hashprice,” Mellerud stated. “The Bitcoin mining community is a self-correcting mechanism, so decreased hashrate in a single nation will merely improve profitability of miners in a foreign country, giving them extra room to develop.” “My thesis is that the U.S. can have lower than 20% of the hashrate by 2030 as a result of competitors from AI services, whereas hashrate will develop elsewhere, notably in Africa and Southeast Asia,” Mellerud added.



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