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Cryptocurrency influencer Ran Neuner sparked a debate Sunday by claiming that artificial intelligence has become a major competitor to Bitcoin mining.

Neuner stated in an X post that AI has “killed Bitcoin forever” by outbidding for electricity.

“Both industries compete for the same thing: electricity. And right now, AI is willing to pay much more for it,” Neuner added.

Neuner cited that while Bitcoin mining revenue per megawatt ranges from $57 to $129, AI data center revenue per megawatt stands between $200 and $500.

“Same electricity. But up to 8x more profitable. That’s why miners are starting to…