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

https://www.bloomberg.com/news/articles/2024-04-14/bitcoin-halving-will-deal-a-10-billion-blow-to-crypto-miners

archive: https://archive.ph/jDLhK

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

62 points · 5 comments · view on lemmy.world

5 Comments

gerikson@awful.systems · 36 pts · 2y (2 replies)

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 · 8 pts · 2y (1 reply)

but can both of them lose?

TheRecruiter@lemmy.world · 8 pts · 2y

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 · 13 pts · 2y

Whoever wins, we lose

LEDZeppelin@lemmy.world · 5 pts · 2y

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