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/pol/ - Politically Incorrect


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File: bittium2.jpg (65 KB, 861x563)
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bitcoin miners had a infrastructure AI users want:
-massive datacenters
-electricity
-computing power

now bitcoin miners are stopping bitcoin and turning their devices to power up AIs instead

https://www.wsj.com/tech/ai/bitcoin-miners-thrive-off-a-new-side-hustle-retooling-their-data-centers-for-ai-bdc408a9

It's harder than ever to mine bitcoin. And less profitable, too. But mining-company stocks are still flying, even with cryptocurrency prices in retreat. That's because these firms have something in common with the hottest investment theme on the planet: the massive, electricity-hungry data centers expected to power the artificial-intelligence boom.

Some companies are figuring out how to remake themselves as vital suppliers to Alphabet, Amazon, Meta, Microsoft and other "hyperscalers" bent on AI dominance.

Bitcoin-mining -- using vast computer power to solve equations to unlock the digital currency -- has been a lucrative and cutting-edge pursuit in its own right. Lately, however, increased competition and other challenges have eroded profit margins. But just as the bitcoin-mining business began to cool, the AI build-out turned white hot.

The AI arms race has created an insatiable demand for some assets the miners already have: data centers, cooling systems, land and hard-to-obtain contracts for electrical power -- all of which can be repurposed to train and power AI models.

It's not a seamless process. Miners often have to build new, specialized facilities, because running AI requires more-advanced cooling and network systems, as well as replacing bitcoin-mining computers with AI-focused graphics processing units.

These companies still mine some bitcoin, but the transition gives miners a new source of deep-pocketed customers willing to commit to longer-term leases for their data centers.

"The opportunity for miners to convert to AI is one of the greatest opportunities I could possibly imagine," said Adam Sullivan
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>>524319589
It depends on the setup because A.I. and BTC mining have nuances that make one or the other more profitable depending on the circumstance.

A.I. doesn't have flexibility in their on/off schedule like BTC does so it'll directly compete with the locals on the grid vs making kWh cheaper for everyone

A.I. doesn't return instant value either it's a lot of speculation, debt, promises, but if they got the billions in liquidity from jewish banks data centers aren't going to say no.

Pretty interesting, but in the end I see them going back to mostly just BTC mining.
>>
>>524319589
How many data centers will they need before AI starts telling the truth about race differences in intelligence?
>>
>>524319589
It's 87k rn
Chart is fake and gay
>>
>>524320455
Unironically a huge part of the infrastructure is used for "alignment". This is the corporate term for kosher.
>>
>>524320555

>Mutts can't read
87k USD equals around 74k euro you fucking retard.
>>
>>524320571
lmao imagine wasting energy for worse results
>>
>>524319589
>ASIC for AI
what in retardation...



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