Will AI Destroy Crypto Mining or Make It More Powerful?
For most miners and infrastructure constructionists – including providers such as Mineshop, bitcoin mining machines’ trusted resource – AI’s connection with mining isn’t a rivalry but a convergence that might redefine the production, management, as well as monetization, of digital power.
Two Giants of Compute
On paper, AI and Bitcoin mining appear to compete over a shared resource: compute power. They both require large data centers with specialized processors, sophisticated air conditioning, and inexpensive power. But there’s a significant difference in kind of computation. AI workloads are based on high-speed matrix math executed by GPUs or AI accelerators.
Bitcoin mining employs ASICs – chips designed for a single,…
