lol, US bitcoin miners are now competing with AI for cheap power in the US
lol, US bitcoin miners are now competing with AI for cheap power in the US
www.bloomberg.com Bitcoin ‘Halving’ Will Deal a $10 Billion Blow to Crypto Miners
For enthusiasts of Bitcoin, a once-every-four-years software update called the “halving” has long been held as one of the keys to propping up its value.
archive: https://archive.ph/jDLhK
more on the "halvening": https://awful.systems/post/1054074
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I wish I could say "let them fight" but this is bad for the environment and bad for productive uses of energy so it's more a "whoever wins, we lose" situation.
but can both of them lose?
Honestly from the get go i was hoping both of them would lose but it seems that isnt the case with AI at least