techfeudalist on Nostr: I’ve been thinking recently about how the AI boom could be helping to decentralize ...
I’ve been thinking recently about how the AI boom could be helping to decentralize bitcoin mining.
Companies are buying up all the power in western countries for AI data centers. I haven’t seen any recent stats, but I’m expecting that this is encouraging bitcoin mining to move and find lower cost power elsewhere.
Bitcoin’s incentives could be playing out in front of our eyes.
Published at
2024-06-14 05:19:39Event JSON
{
"id": "7160f52829bd5c93871e79a65f652bbffb1ce1d24302d31c642b66ddfdd9b703",
"pubkey": "98a386c766ac9250f4ce1b500662fd08e4d464a1915743eedc83bd50521decac",
"created_at": 1718342379,
"kind": 1,
"tags": [],
"content": "I’ve been thinking recently about how the AI boom could be helping to decentralize bitcoin mining. \n\nCompanies are buying up all the power in western countries for AI data centers. I haven’t seen any recent stats, but I’m expecting that this is encouraging bitcoin mining to move and find lower cost power elsewhere. \n\nBitcoin’s incentives could be playing out in front of our eyes.",
"sig": "42baff22cc951d02dd6a55053dc48deb4128f2bb860b33b0748fc87f2ff044df134a4f86e2f5905cbdb8ff658468cca559608634097b20e9c27b763753b9eef3"
}