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David Gerard@awful.systemsM to Buttcoin@awful.systemsEnglish ·
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1 year ago

lol, US bitcoin miners are now competing with AI for cheap power in the US

www.bloomberg.com

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  • cross-posted to:
  • becomeme@sh.itjust.works
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lol, US bitcoin miners are now competing with AI for cheap power in the US

www.bloomberg.com

David Gerard@awful.systemsM to Buttcoin@awful.systemsEnglish ·
edit-2
1 year ago
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5
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  • cross-posted to:
  • becomeme@sh.itjust.works
Bitcoin ‘Halving’ Will Deal a $10 Billion Blow to Crypto Miners
www.bloomberg.com
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For enthusiasts of Bitcoin, a once-every-four-years software update called the “halving” has long been held as one of the keys to propping up its value.

archive: https://archive.ph/jDLhK

more on the “halvening”: https://awful.systems/post/1054074

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  • gerikson@awful.systems
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    1 year ago

    I wish I could say “let them fight” but this is bad for the environment and bad for productive uses of energy so it’s more a “whoever wins, we lose” situation.

    • skillissuer@discuss.tchncs.de
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      1 year ago

      but can both of them lose?

      • TheRecruiter@lemmy.world
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        1 year ago

        Honestly from the get go i was hoping both of them would lose but it seems that isnt the case with AI at least

  • BlueMonday1984@awful.systems
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    1 year ago

    Whoever wins, we lose

  • LEDZeppelin@lemmy.world
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    1 year ago

    🍿

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Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

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