Replying to Avatar techfeudalist

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.
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LightningSpore 1y ago

I wonder if AI will go through similar situation as bitcoin. All the talking heads are convinced that AI datacenters are just going to eat massive amount of countries power.

But like bitcoin you can’t always extrapolate growth into the future.

All these AI trainers are going to realize they bought tons of power and data center space, and not have enough work to do, so they will be forced to get into bitcoin mining on the side, just like Bitcoin miners are currently getting into AI on the side.

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ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

seems logical since GPUs are good at hashing, just not as good as asics

they could also be used to do massive simulations, and in any case, there is many variants of computational intelligence