INTERVIEW Will Bitcoin Miners Be Squeezed Out by AI Power Demands? Will We?

Transcribed

INTERVIEW Will Bitcoin Miners Be Squeezed Out by AI Power Demands? Will We?

Aug 15, 2024 · 35m 27s

Description

- AI already uses as much power as mining and will use far more in a couple of years. AI can earn 17-25 times as much per kWh as Bitcoin. ...

AI already uses as much power as mining and will use far more in a couple of years. AI can earn 17-25 times as much per kWh as Bitcoin. Will Bitcoin be squeezed out? If it relocates, will electricity for the rest of us be scare and/or far more expensive?
Will Bitcoin be co-opted for CBDC? What can we learn from the creation of the internet and the struggle for control?
Trump says, as President, he thinks he should have a say in the Fed's determination of interest rates. What does that tell us about his view of the Fed?

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