Main Reason? AI in Economics Mining is Much Better (Revenue per Megawatt)!
1. ⚡️ Key Overlap or Displacement of Infrastructure
In today's world, there are two major energy-hungry sectors: Bitcoin mining and Artificial Intelligence (AI). Their requirements are similar (Key high-power data centers and specialized cooling).
The Conflict: According to reports, AI companies are now directly outbidding miners and their infrastructure acquisition targets are becoming a reality. Miners either have to pay very high rents or leave their locations.