U.S. Must Learn From Bitcoin Miners to Win ‘AI Wars’

In the AI ​​superiority race, North America is now learning important Bitcoin lessons

According to serial entrepreneur Kevin O’Leary, the mining industry about the construction of extensive infrastructure is close to sustainable energy sources.

“It all comes to power,” Sharktank said in an interview. “Whether you’re talking about AI data center or talking about Bitcoin mining. And now we see that these projects are often a bit of both.”

Serendipitous overlapping between bitcoin mining and AI data center has become an area of ​​focus for Washington, DC policy creators, and this leads to institutional investors to throw themselves into the best situations, O’Leary said.

For example, the state of New York, which initially lacked the right policy to move forward, despite its abundance of hydropower from the grid in the Niagara waterfalls, is now “trying to get back Mojo” in terms of Bitcoins and AI mining, according to O’Leary.

“I think some states, such as New York and others, have found that they are highly paid jobs at the top of two new regulated industries, AI and Bitcoins and Krypto.

These days are more desirable opportunities in places like West Virginia, North Dakota, Mississippi and Texas, said O’Leary, which is a supporter BitzeroGreen Energy Bitcoin Mining and Data Centers with Operations in North America, Norway and Finland. “Alberta, Canada is a good example because they have an abundance of cheap, stuck natural gas,” he said.

Profit

Bitcoin miners were forced to diversify their business on AI and cloud computing because the recent half reduced mining rewards by half and pressed its profitable range on the already super -competitive market. Companies like Core Scientific (CORZ) brought the intersection of mining and artificial intelligence to the mainstream and other miners Hive (HIVE) and Cottage 8 (HUT) They were supposed to turn a large number of their data centers to AI to diversify their income.

Bitcoin mining marriage and AI calculations in data centers have become an easy way to achieve this diversification, as miners are already using a huge amount of electricity needed to support rapidly growing AI data center. (The only question of Chatgpt requires 2.9 Watt Hours of electricity, compared to 0.3 Watt hours for Google search, by International agency.)

Mega-wattage mining operations are usually located near the abundant energy supply with industrial infrastructure for energy production on an industrial scale that has already been built and running. This makes the bitcoin mines retrofitting with graphic processing units driven by AI (GPUs) a potentially attractive design – although data centers AI require much more infrastructure.

“Foolish” tariff war

O’Leary says he is optimistic when he talks to the creators of politicians about the fairy tale AI Boom, the name of the American Interior Minister Doug Burgum, Governor Oklahoma Kevin Stitt and Prime Minister Alberta Danielle Smith. O’Leary, which is a Canadian, says Smith attracted the attention of the Bitcoins and the AI ​​data center when she revealed The province has 200 trillion cubic tracks at your fingertips.

That is why there is a tariff war between the US and Canada “foolish”, O’Leary said, stressing that China is preparing for “AI war” by setting up new electrical plants on a week -long basis.

“We are not just talking about the extraction of bitcoins, but about the competitiveness of the nations,” O’Leary said.

“We have to bring it all back home, but our biggest problem is the strength. There is no more power on the home grid. Nada. So if you want a Gigawatt Forget it in every state. You have to think of a way to build this power from natural gas or nuclear energy or something else. ”

Read more: Ai is here but that doesn’t mean that bitcoin miners are ready