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

    David Knight
    David Knight - 235 Views
    1,713
    235 Views
    Published on 15 Aug 2024 / In News and Politics

    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?
    β€’ Will Bitcoin be co-opted for CBDC?  What can we learn from the creation of the internet and the struggle for control?
    β€’ 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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