Are AI Data Centers the Future Over Bitcoin Mining?

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GigaOmegaMember
Posts: 138 · Reputation: 227
#1May 29, 2021, 05:18 AM
Wanted to kick off a conversation about the current hype around data centers. Seems like there's a lot going on, and I think it's a good time to get into it.
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jake.seedNewbie
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#2May 29, 2021, 08:16 AM
Honestly, I feel like AI is just another bubble, even more so than Bitcoin. BTC isn’t a bubble at all, just fluctuates.
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0x4lphaFull Member
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#3May 29, 2021, 12:55 PM
This has come up in a few threads. Big miners aren’t fully ditching Bitcoin mining; they still keep a foot in both worlds.
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sigma21Member
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#4May 29, 2021, 06:22 PM
AI data centers are a real threat. They’re driving up energy costs and making mining less profitable. Reports say AI can rack in profits 25 times more per kilowatt-hour than Bitcoin mining.
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0xGuruNewbie
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#5May 30, 2021, 12:17 AM
I see them as more stable but not necessarily more common. Competing with giants like Google and Amazon will be tough.
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j0hn.ga5Newbie
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#6May 30, 2021, 04:07 AM
AI and Bitcoin are fighting for the same cheap resources. Some miners might switch to AI if it pays better, but that doesn’t mean mining is dead.
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gang2015Member
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#7May 30, 2021, 09:51 AM
You missed the part where some miners are already moving to AI. But if enough leave, mining difficulty will drop, making it profitable again for those who stick around.
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0xRav3nNewbie
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#8May 30, 2021, 01:30 PM
I’m a bit clueless about BTC mining but it feels like the AI craze is about to hit a wall. Bitcoin feels more secure even if it’s volatile.
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laseryesSenior Member
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#9May 30, 2021, 05:47 PM
This is fascinating. AI centers seem to be more profitable and have solid long-term contracts. But if Bitcoin hits $100K, things might swing back the other way.
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0xDefiFull Member
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#10May 30, 2021, 10:17 PM
We really should compare short-term vs long-term effects. AI looks good now, but mining has been through cycles before and bounced back.
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chain365Legendary
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#11May 31, 2021, 12:03 AM
I think data centers will provide steadier income. Some miners can't resist good deals from AI companies, even if they switch back during a bull run.
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#12May 31, 2021, 01:24 AM
What’s your source for that? Rising prices can lead to more hashing power coming online, which might reduce revenue for everyone.
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0x4lphaFull Member
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#13Jun 2, 2021, 02:09 AM
I’ve seen claims online that AI is taking over. But Bitcoin miners can still pull back if needed. They have to think about their equipment too.
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#14Jun 2, 2021, 03:47 AM
I know folks in the mid-west are fuming about data centers ruining their water and farmland. It’s a mess.
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ben_alphaMember
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#15Jun 3, 2021, 10:08 PM
There’s always someone to take over if miners switch to AI. They can even do both, so no need to panic.
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#16Jun 3, 2021, 11:28 PM
Not a big deal. If some miners leave, the rest will earn more. Mining will always adapt.
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nick.orbitFull Member
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#17Jun 4, 2021, 03:04 AM
I like how digital advancements are pushing AI forward. Mining won't disappear but will find a balance eventually.
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gwei_2018Full Member
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#18Jun 4, 2021, 05:44 PM
Sure, AI’s grabbing attention, but Bitcoin’s a self-correcting market. Loss of hash power can lead to more profit for the remaining miners.
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pr0to88Member
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#19Jun 4, 2021, 06:17 PM
ASICs work better in harsh conditions than AI servers. Plus, setting up a small mining operation is easier than a full-scale server farm.
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#20Jun 4, 2021, 07:18 PM
Are you asking from a biz perspective? AI is useful, but I wouldn’t rely on it 24/7. I prefer using it for learning.
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