AI and Its Impact on Bitcoin Due to Energy Consumption As AI… — What assets exist? — TG.ME

🚀 AI and Its Impact on Bitcoin Due to Energy Consumption

As AI technologies advance, the demand for energy will increase to support their growth, along with computing and Bitcoin mining.

Since the world’s energy resources are limited, this could pose a significant problem for the entire industry!
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The cost of energy directly affects the revenue of Bitcoin miners: the cheaper the energy, the higher your profit. Additionally, with each Bitcoin halving, miners earn less per mined block. Therefore, to address this issue, BTC price should ideally rise globally.

As AI and future AGI technologies will require even more energy, the Bitcoin ecosystem will need to adapt. To mitigate these challenges, the "Bitcoin mafia" should consider increasing Bitcoin’s price slightly and investing more in energy infrastructure.
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August 14, 2024 522