Damus
Michael Dunworth · 3w
How Bitcoin loses: Energy competitiveness will reduce hashrate. There’s more money and value captured by AI (more people want that to win than Bitcoin if it was a choice). Energy is now only flow...
CZIGO profile picture
Bitcoin has a more flexible range of energy sources tho. Bit more of a houdini.
Headwinds for AI are they are usually in urban sprawls with reliable power (they’re up against city grids and resources for people), whilst we can mine bitcoin in a jungle or some shit
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Michael Dunworth · 3w
Corruption cannot be beaten by hope.