“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 enhance profitability of miners abroad, giving them extra room to develop.” “My thesis is that the U.S. could have lower than 20% of the hashrate by 2030 on account of competitors from AI services, whereas hashrate will develop elsewhere, notably in Africa and Southeast Asia,” Mellerud added.
The Delicate Approach AI Knowledge Facilities Increase Bitcoin Mining Economics
