On December 7, NVIDIA CEO Jensen Huang recently stated in an interview that Bitcoin is 'converting excess energy into a new form - currency, which you can take anywhere.'
'In other words, you extract energy from one place and then make it transportable to all parts of the world.'
Jensen Huang's perspective is essentially a highly abstract deconstruction of Bitcoin from the angle of energy conversion and value flow. He is not discussing the price or speculative attributes of Bitcoin, but rather viewing it as a global, frictionless energy valorization system.
His core logical chain is: excess energy (typically remote or intermittent energy) is captured through computational work (mining) and solidified into a digital value carrier (Bitcoin). This carrier has the characteristics of being globally mobile, requiring no physical transport, and being resistant to censorship. This is equivalent to building a global energy trading network that does not require traditional financial intermediaries, transforming electricity that is difficult to transport into easily transferable data, achieving a cross-temporal and spatial exchange of energy and value.
This understanding deeply aligns with NVIDIA's strategic positioning. As a foundational provider of computing hardware, NVIDIA's core business is selling 'computing power.' Whether for AI training, graphic rendering, or cryptographic computation (mining), they are forms of computing power consumption in different fields. Jensen Huang sees Bitcoin mining as essentially a specific computational load that digests redundant computational capacity and idle energy, monetizing it. This perfectly fits NVIDIA's underlying business logic as a 'computing power arms dealer' - providing tools for various forms of computing demands without getting entangled in the controversies of specific applications.
From a more macro perspective, his repeated emphasis in recent years that 'energy is the bottleneck for AI' and the view that 'Bitcoin converts excess energy' are two sides of the same coin. Both point to a core contradiction: the enormous gap between exponentially growing computational demands and global energy supply. Bitcoin mining, as a form of high-energy computation, actually plays the role of a 'global energy buffer,' able to migrate to any region with surplus or cheap electricity, smoothing out the fluctuations in the energy market. The demand for energy from AI is even more rigid, with extremely high requirements for grid stability and density. His advocacy for new energy sources such as nuclear power is also in search of a sustainable energy foundation for the entire computing industry (including AI and other future energy-consuming computations).
Therefore, his remarks are not merely a platform for cryptocurrencies, but rather a profound insight from a computing infrastructure giant into the global computing and energy landscape. He is redefining the future form of value storage and transfer using the framework of energy and computation.
