Ai firms surpass crypto miners: the energy demand of ai companies has surpassed that of cryptocurrency mining firms, according to bloomberg. Ai leaders are paying up to three times what Bitcoin miners pay for electricity. This shift changes the competitive dynamics in global energy sourcing.
Bitcoin miners seek power switches: HIGH electricity payments by ai firms force Bitcoin miners to adapt. Many miners are turning to less reliable energy sources, like wind power in texas. With Bitcoin prices nearing 100,000 USD, miners face increased pressure to compete with ai companies for stable power, marking a challenging transition.