Saturday, June 21, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

    Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development

    Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development

    Ethereum Token Platform Zora Sues Deloitte Over AI Trademark Dispute

    Ethereum Token Platform Zora Sues Deloitte Over AI Trademark Dispute

    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

  • Gaming
    IN-Match3 Joins Forces with Adventure Layer to Scale GameFi, Boost Accessibility & Profitability

    IN-Match3 Joins Forces with Adventure Layer to Scale GameFi, Boost Accessibility & Profitability

    Civitas Migrates to Immutable zkEVM to Power Low-Cost, Scalable Web3 Gaming & Web3 Network Growth

    Civitas Migrates to Immutable zkEVM to Power Low-Cost, Scalable Web3 Gaming & Web3 Network Growth

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

    Crypto Casinos Made Over $80 Billion in 2024

    Crypto Casinos Made Over $80 Billion in 2024

    A16z-backed Spekter Games founder shares Telegram gaming ethos

    A16z-backed Spekter Games founder shares Telegram gaming ethos

    How Mobile Apps Are Quietly Adopting Web3 Tech

    How Mobile Apps Are Quietly Adopting Web3 Tech

    Location-Based Gaming NFTs: How GPS and Blockchain Are Changing the Way We Play

    Location-Based Gaming NFTs: How GPS and Blockchain Are Changing the Way We Play

    Avalanche Game ‘Forgotten Playland’ Implements NFTs in Biggest Update Yet

    Avalanche Game ‘Forgotten Playland’ Implements NFTs in Biggest Update Yet

    Floki’s Valhalla Fires Up 4-Week Programmatic Display Push Across Target Markets

    Floki’s Valhalla Fires Up 4-Week Programmatic Display Push Across Target Markets

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

    Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development

    Solsniper Closes NFT Marketplace After 3.5 Years, Shifts Focus to Trading Bot Development

    Ethereum Token Platform Zora Sues Deloitte Over AI Trademark Dispute

    Ethereum Token Platform Zora Sues Deloitte Over AI Trademark Dispute

    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

    OpenSea sunsets ‘Deals,’ other features in OS2 shakeup

  • Gaming
    IN-Match3 Joins Forces with Adventure Layer to Scale GameFi, Boost Accessibility & Profitability

    IN-Match3 Joins Forces with Adventure Layer to Scale GameFi, Boost Accessibility & Profitability

    Civitas Migrates to Immutable zkEVM to Power Low-Cost, Scalable Web3 Gaming & Web3 Network Growth

    Civitas Migrates to Immutable zkEVM to Power Low-Cost, Scalable Web3 Gaming & Web3 Network Growth

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

    Crypto Casinos Made Over $80 Billion in 2024

    Crypto Casinos Made Over $80 Billion in 2024

    A16z-backed Spekter Games founder shares Telegram gaming ethos

    A16z-backed Spekter Games founder shares Telegram gaming ethos

    How Mobile Apps Are Quietly Adopting Web3 Tech

    How Mobile Apps Are Quietly Adopting Web3 Tech

    Location-Based Gaming NFTs: How GPS and Blockchain Are Changing the Way We Play

    Location-Based Gaming NFTs: How GPS and Blockchain Are Changing the Way We Play

    Avalanche Game ‘Forgotten Playland’ Implements NFTs in Biggest Update Yet

    Avalanche Game ‘Forgotten Playland’ Implements NFTs in Biggest Update Yet

    Floki’s Valhalla Fires Up 4-Week Programmatic Display Push Across Target Markets

    Floki’s Valhalla Fires Up 4-Week Programmatic Display Push Across Target Markets

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home Mining

The Symbiosis Between Bitcoin Mining and AI

July 23, 2024
in Mining
6
The Symbiosis Between Bitcoin Mining and AI
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

The story of human progress can be simplified into the story of increasing energy utilization. We harness energy to create order, both in terms of biology and society. Energy surpluses allow for every form of wealth creation, which in turn produce new technologies to effectively harness yet more energy. This truth has inspired famous concepts such as the Kardashev scale, which measures civilizations by their ability to harness energy resources towards useful ends.

READ ALSO

From Subsidies to Shutdowns: Norway Moves to Restrict Bitcoin Mining

Norway eyes crypto mining ban amid local firms’ heavy investments in Bitcoin

Compute is a natural continuation of this endeavor. Modern digital technology transforms ever greater quantities of electricity into advanced value-creating processes. The most recent surge in demand for compute has come from two technologies in particular: bitcoin mining and, more recently, high performance compute (“HPC,”) in particular the use of Graphics Processing Units (“GPUs”) for artificial intelligence. The meteoric rise in energy consumption by these technologies have raised many questions: What impact will these power-hungry technologies have on our energy systems? Given their mutually voracious use of energy, what interplay will they have with each other? What do these developments mean for humanity?

We explore the essential characteristics of these respective technologies, and how they offer alternative markets for excess power that can in fact improve the efficiency of energy systems. Based on this exploration, we also argue that bitcoin mining and HPC are complementary rather than competitive. As we’ll see, their respective trade offs offer a symbiotic ability to maximize the value created from energy resources, which in turn benefits society as a whole.

In short, we argue for compute maximalism.

Energy

Modern technology depends on energy converted from a wide array of sources into electricity, and this comes with certain challenges and tradeoffs. The primary of which is limited portability.

This is due to several simple realities. Electricity requires a grid, essentially a massive series of circuits which transports energy in real time. The grid must remain in balance, meaning the generation must roughly equal demand at any point in time.

This is difficult for two reasons:

First, energy resources are not always conveniently distributed, have long lead times to develop, and have varying degrees of dispatchability.

Second, transmission as well as storage are both expensive, have similarly long lead times, and experience inherent inefficiencies. An estimated 8-15% of electricity is lost to transmission and distribution losses by the time it reaches local consumers, and this figure is even higher for long term battery storage.

The result is that it will always be cheaper and more efficient to consume generated electricity immediately at the source, than to transport it over time or space. As such, the most efficient solution isn’t to more widely and inefficiently transport electricity to where it can be used, but to move use cases to the electricity. Compute is an ideal use case for such excess electricity because it is power dense, largely portable, and scalable; we are yet to find a limit on our demand for compute. Meanwhile “meatspace” constraints are strong limiting factors for legacy forms of energy sinks like aluminum smelting and manufacturing.

See also  Bitcoin Hashrate Hits Record High, Surpasses Pre-Halving Levels

Bitcoin mining in particular has emerged as such an ideal use case for local surplus power, providing a dispatchable and revenue-generating load to balance the grid. More recently the demand for High Performance Compute, in particular GPUs, is also having unignorable impacts on the utilization of energy as well. Many are expecting these two technologies to compete over the same energy resources, but as we explore the characteristics of each, the potential symbiosis will become self-evident.

Bitcoin Mining

Bitcoin mining can be thought of as a permissionless energy sink. Bitcoin’s proof-of-work consensus mechanism amounts to proof of energy-intensive computation. Miners must perform this energy-intensive computation to create new blocks of transactions, thereby earning bitcoin as a reward. It is this proof-of-work that provides global settlement assurances in a decentralized and permissionless way.

In practice, this looks like millions of computers (these days, application specific integrated circuits or “ASICs”) running in bare bones data centers around the world. One of the beautiful things about bitcoin mining is its permissionless nature; anyone anywhere in the world can plug in an ASIC. In effect, Bitcoin allows miners around the world to participate in a global energy market; whoever has the lowest cost of power has the highest margin.

This global decentralized network is part of the reason why Bitcoin’s adoption has steadily continued, as people seek a new monetary and financial system that is active 24/7, lacks a single point of failure, and sidesteps the perverse incentives of politically captured central bank monopolies.

Bitcoin mining is distinguished by the following characteristics relative to GPU/HPC infrastructure:

  • No customers
    • No customer acquisition
    • No support
  • High interruptibility
  • Low operational complexity
  • Low connectivity requirements (Less than 100MB/s)
  • Low margin (generally)

HPC

data center GPUs are the latest form of HPC, the demand for which has exploded in the previous 2 years due to quickly escalating interest in AI/ML breakthroughs which rely on it. These technologies have unlocked whole new categories of digital operations and functions which were not previously possible, with the resulting use cases only just beginning to be explored. The sudden explosion in interest in these technologies has quickly made NVIDIA, the leading manufacturer of the underlying GPUs, the most valuable company in the world.

Initially this sudden spike in demand created an intense bottleneck in the production of sufficient units of GPU itself. This however was temporary and over time continues to be alleviated by increased production, with focus quickly switching to a new bottleneck: Data center rack space with cheap power. The result has been an explosion in new data center build outs, wherever a large amount of steady power can be sourced. This has brought GPU infrastructure into competition with Bitcoin mining in many areas with excess local power.

Relative to Bitcoin mining, GPU/HPC has these is distinguished by these characteristics:

  • Customers
    • Customer acquisition
    • Customer support
  • Low interruptibility
  • High operational complexity
  • High connectivity requirements (10 – 100GBs)
  • High margin (generally)

Complimentary Competition

The demand for both Bitcoin and AI/ML technologies has taken off in the last decade, a testament to their utility to society. This demand has led to the proliferation of their respective compute resources.

To reduce operating costs, both markets seek excess power to utilize as it tends to be cheaper. This naturally resolves some of the grid inefficiencies discussed above, but it does mean that data center builders and operators will find themselves asking which form of compute to support and invest in for the same amount of available power.

See also  90% of Bitcoin holders are in profit - Should you buy more or sell?

Both forms of compute are energy intensive and relatively location-agnostic (barring legal or jurisdictional considerations beyond the scope of this paper) bringing them into seeming competition, but they can in fact be highly complementary tools for maximizing utilization and profit from such excess or stranded electricity.

GPU workloads have higher operational complexity, and low interruptibility, as well as higher upfront capital investment. That makes it a poor choice for taking advantage of transient surpluses of power, such as the peak window of energy production by solar panels for instance. Unlike bitcoin mining, GPUs have customers, who are typically sensitive to issues such as uptime and availability. There are exceptions, such as spot instances and frameworks which can failover from such instances, but generally speaking due to the existence of a customer the interruptibility tolerance of GPU infrastructure will never match that of bitcoin mining. Coupled with the higher capital costs and complexity, in these situations we can expect bitcoin mining to continue to grow and dominate as a highly flexible, dispatchable load to the grid.

Consistent excesses in power on the other hand, such as a largely fixed delta between the base generation capacity of hydropower or nuclear sites and their surrounding consumption, are ideal opportunities for GPU infrastructure to close the gap and establish new baseline consumption and equilibrium. These situations favor the low interruptibility of GPU infrastructure, and justify the added expenditure and operational complexity in order to secure substantially higher revenues. So long as the supporting bandwidth is available to facilitate GPU workloads (at least 10GB/s, ideally 100GB/s), these sites will always provide more profit opportunity than if allocated exclusively for bitcoin mining.

Hybrid data center Strategies

There are also strategies which can utilize both technologies in tandem to maximize revenue and return on investment.

First, bitcoin mining could be used as an initial load for energy resources before the site is suitable for high performance compute. Examples include: (1) using semi-portable modular bitcoin mining data centers to monetize power while the remaining infrastructure for an HPC data center (redundant power/internet lines, buildings, backup energy systems, etc.) is built; or (2) pioneering stranded energy resources with bitcoin mining, some of which may eventually be used for HPC. In fact, Core Scientific’s recently announced deal with CoreWeave could be viewed as an example of this occurring in the wild, as bitcoin mining led to the development of a large substation and data center shell that would eventually be used for HPC.

A second, more advanced strategy is to co-mingle HPC and Bitcoin mining workloads in tandem, using Bitcoin mining as a counter weight to balance fluctuations in HPC workload power draws. While HPC loads require reliable power, “inferencing workloads” which host production AI/ML models can fluctuate based on levels of real time use by users, leading to typical cycles of high activity and power consumption and low activity and lower power consumption. To date, the value for such HPC has substantially outweighed any inefficiencies from fluctuating power use, but the highly flexible and interruptible nature of Bitcoin mining can be used to provide stable power draw and in turn lower effective power rates, in addition to providing additional revenue for the data center overall. Some are describing this strategy as a “mullet data center,” with AI in the front and bitcoin in the back. While it is still early, this approach promises to utilize the best of both HPC and bitcoin mining to offer the most value maximized data center deployments possible with current technology.

See also  Report: Bitcoin’s Mining Landscape Braces for Shift as Halving Could Slash 100 EH/s of Hashpower

Industry Implications

Until recently, the data center industry has been dominated by colocation providers. These providers build the facilities used to host industrial servers, and lease out space, power, connectivity, and sometimes the servers themselves to tenants. Traditionally, the majority of these tenants have been large enterprise and hyperscale cloud providers. In many cases these hyperscale and enterprise tenants have also built their own data centers to support their own growth.

Since roughly 2017 bitcoin mining has truly entered the picture at an industrial level, with entire data center complexes being built solely to support Bitcoin mining in areas with extreme deltas in produced and consumed electricity. Now in 2023 and 2024 we’ve seen shifts in the market even more notable and disruptive. With the explosion in demand for GPU infrastructure, many former colocation focused data centers have ventured into buying and hosting this GPU infrastructure themselves. Meanwhile hyperscalers are moving behind-the-meter to co-locate with large baseload power plants, seeking cheap reliable power for the new surge in HPC demand. This is particularly notable as intermittent renewables have been the most popular form of generation in recent years, primarily due to government subsidies.

We anticipate the following:

1. Continued increase in energy demand for both forms of compute.

2. New data center construction as the next bottleneck of expanding HPC footprints, with large swaths of bitcoin mining facilities being repurposed for higher margin use cases.

3. Mining hardware will relocate to the fringes, seeking remote locations and variable inefficiencies that HPC workloads are ill-suited to monetize.

4. Co-mingling of both bitcoin mining and HPC in “mullet data centers” will leverage the high revenue potential of HPC and the flexible nature of bitcoin mining to effectively balance power draw and local grids, while outcompeting traditional data center strategies.

Conclusion

When new power-hungry technologies emerge, there is often concern about their energy utilization and its externalities. Bitcoin mining and HPC are no exceptions with politicians and arm-chair technologists alike crying for their mitigation or control. But such voracious technologies represent the natural trend of human progress. In addition to the self-evident utility provided by the Bitcoin settlement network and AI/ML workloads, we can demonstrate that they can be deployed in ways that efficiently maximize new and existing energy resources to useful economic ends.

This is a guest post by Drew Armstrong and Ariel Deschapell. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

Tags: BitcoinMiningSymbiosis

Related Posts

From Subsidies to Shutdowns: Norway Moves to Restrict Bitcoin Mining
Mining

From Subsidies to Shutdowns: Norway Moves to Restrict Bitcoin Mining

June 21, 2025
France joins global trend of using Bitcoin mining for energy balance
Mining

Norway eyes crypto mining ban amid local firms’ heavy investments in Bitcoin

June 20, 2025
Bitcoin, Dogecoin Targeted as Norway Eyes Ban on New Crypto Mining Operations
Mining

Bitcoin, Dogecoin Targeted as Norway Eyes Ban on New Crypto Mining Operations

June 20, 2025
Norway plans temporary ban on power-intensive cryptocurrency mining
Mining

Norway plans temporary ban on power-intensive cryptocurrency mining

June 20, 2025
Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the Squeeze
Mining

Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the Squeeze

June 19, 2025
France Rejects Bitcoin Mining Proposal
Mining

France Rejects Bitcoin Mining Proposal

June 19, 2025
Next Post
Hong Kong Introduces Blockchain Vertical in Global Fast Track 2024

Hong Kong Introduces Blockchain Vertical in Global Fast Track 2024

Comments 6

  1. y2fra says:
    2 weeks ago

    clomid bula homem buy clomiphene tablets buy generic clomid price where buy clomid generic clomiphene 100mg how to buy cheap clomid withou where can i buy generic clomiphene price

    Reply
  2. buy cheap cialis usa visa says:
    2 weeks ago

    I’ll certainly bring to review more.

    Reply
  3. can you take flagyl alone for diverticulitis says:
    2 weeks ago

    This is the tolerant of enter I unearth helpful.

    Reply
  4. ua5dn says:
    1 week ago

    cost azithromycin 500mg – purchase ciprofloxacin for sale how to get metronidazole without a prescription

    Reply
  5. 2tylc says:
    1 week ago

    rybelsus 14 mg pill – buy cyproheptadine for sale periactin 4 mg ca

    Reply
  6. oojm4 says:
    5 days ago

    order motilium online – flexeril price order cyclobenzaprine 15mg pills

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

What Does ChatGPT Have To Do With Your Crypto Wallet?

What Does ChatGPT Have To Do With Your Crypto Wallet?

November 21, 2023
Anatomy of Bitcoin’s current rally as Fed attempts to save the day

Anatomy of Bitcoin’s current rally as Fed attempts to save the day

March 17, 2023
Bitcoin dominance nears 60%: How will it impact altcoins?

Bitcoin dominance nears 60%: How will it impact altcoins?

October 28, 2024
Cookie3 and Chainwire partner to measure press release impact on-chain

Cookie3 and Chainwire partner to measure press release impact on-chain

January 11, 2024

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • From Subsidies to Shutdowns: Norway Moves to Restrict Bitcoin Mining
  • A Step-by-Step Guide for Beginners
  • Norway eyes crypto mining ban amid local firms’ heavy investments in Bitcoin

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.