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AI Hyperscalers Are Pricing Bitcoin Miners Off The Grid. Here's Why Its A Massive Win-Win...
AI Hyperscalers Are Pricing Bitcoin Miners Off The Grid. Here's Why Its A Massive Win-Win...
Authored by Nick Ward via BitcoinMagazine.,com,
If you’ve scanned headlines over the last year, you’ve likely seen the prevailing market narrative: Bitcoin miners are abandoning their operations and pivoting to AI data centers, signaling a retreat from proof-of-work.
To casual observers, this looks like a surrender.
Proof that Bitcoin was just a temporary placeholder until a “better” compute workload arrived.
However, if you look through the lens of power infrastructure and thermodynamics, that story gets the reality completely backwards....
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Eric Swalwell / IMAGE: Evening Standard via YouTube
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