Notification
Mycryptopot
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
Reading: AI Is Taking Power, Not Bitcoin Place, Says ViaBTC CEO
Share
bitcoin
Bitcoin (BTC) $ 77,490.00
ethereum
Ethereum (ETH) $ 2,430.49
tether
Tether (USDT) $ 0.999731
bnb
BNB (BNB) $ 684.08
usd-coin
USDC (USDC) $ 0.999861
xrp
XRP (XRP) $ 1.36
binance-usd
BUSD (BUSD) $ 0.996746
dogecoin
Dogecoin (DOGE) $ 0.082163
cardano
Cardano (ADA) $ 0.196761
solana
Solana (SOL) $ 101.13
polkadot
Polkadot (DOT) $ 0.860543
tron
TRON (TRX) $ 0.323659
MycryptopotMycryptopot
Search
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Mycryptopot > Uncategorized > Mining > AI Is Taking Power, Not Bitcoin Place, Says ViaBTC CEO
Mining

AI Is Taking Power, Not Bitcoin Place, Says ViaBTC CEO

September 1, 2026 5 Min Read
Share
image
mycryptopot

Synthetic intelligence is altering the Bitcoin mining business by growing demand for electrical energy, information facilities, land and funding. However ViaBTC CEO Yang Haipo says AI won’t push Bitcoin mining out of the market.

As a substitute, the 2 industries will compete for assets whereas Bitcoin mining strikes towards cheaper and extra versatile energy sources.

mycryptopot

In a current evaluation, Yang mentioned Bitcoin mining has already gone via a serious adjustment. Community hashrate rose above 1.1 zettahashes per second (ZH/s) in October 2025 earlier than falling to greater than 900 exahashes per second (EH/s) a number of occasions this 12 months.

Mining problem additionally recorded main declines, falling 11.16% in February and one other 10.09% in June. On the similar time, massive mining firms are transferring into AI and high-performance computing (HPC).

Mining Firms Are Shifting Into AI

The economics of mining are driving this shift. Core Scientific reported a unfavourable 56% revenue margin from its personal Bitcoin mining within the second quarter, whereas its>These numbers present why mining firms are turning towards AI infrastructure.

Nonetheless, AI isn’t immediately taking Bitcoin mining machines. Bitcoin ASICs are constructed to run the SHA-256 algorithm and can’t merely be transformed into AI servers. GPU-based Bitcoin mining can also be largely uneconomical at this time.

mycryptopot

The actual competitors is for electrical energy, land, grid connections, capital, chip provides and>AI Is Growing the Worth of Energy Infrastructure

Yang says essentially the most beneficial asset for a lot of mining firms is now not their mining {hardware}. It’s the infrastructure they’ve already constructed.

Mining firms have spent years securing land, constructing substations and acquiring grid connections. AI firms now place a excessive worth on these assets as a result of constructing new energy infrastructure can take years.

This provides mining firms with ready-to-use energy infrastructure a chance to promote or repurpose their websites for AI workloads. However AI can not use each sort of electrical energy effectively.

Bitcoin Mining Can Use Surplus Energy

Bitcoin mining has a bonus when electrical energy is reasonable, distant or unreliable. Mining machines can use surplus electrical energy from photo voltaic farms, hydropower tasks, related fuel and different power sources which are tough to promote or transport. Miners may scale back their energy use or shut down when electrical energy turns into costly.

AI operations want far more dependable energy as a result of computing workloads require regular power. Bitcoin mining is extra versatile.

For instance, surplus solar energy that can’t attain the grid can be utilized to mine Bitcoin as an alternative of being wasted. This makes mining a versatile purchaser of electrical energy.

Mining Could Turn into Extra Distributed

As massive firms transfer some operations towards AI, older Bitcoin mining machines can enter the secondary market. A machine that’s too costly to run in a high-cost information heart can nonetheless become profitable when purchased cheaply and moved to a area with very low-cost electrical energy.

This creates alternatives for smaller miners, power firms and personal operators. Over time, Bitcoin mining might change into extra unfold out geographically, with various kinds of machines working in areas the place electrical energy prices are low.

In the meantime, Bitcoin’s fifth halving in 2028 will lower the block subsidy by one other 50%. This may put extra stress on miners and make low-cost electrical energy, environment friendly tools and powerful money move much more necessary.

Yang’s foremost argument is that AI isn’t merely taking Bitcoin mining’s computing energy. It’s reallocating assets.

Associated: Is Bitcoin Mining Nonetheless Worthwhile? What Rising Prices Imply for Miners in 2026

mycryptopot

You Might Also Like

Pudgy Penguins NFTs Surge Above $100K on Solana Airdrop Hype

Amore Smiles Now Accepts SHIB, BTC, ETH

Lumia CEO and Polygon exec talk $220m skyscrapers and real estate tokenization

NFT sales spike to $155m, Pudgy Penguins push back with an 82% surge

energy access and deregulation key for Bitcoin mining growth

TAGGED:MiningMining NewsNews
Share This Article
Facebook Twitter Copy Link
Previous Article Honda Federal Reserve: Interest Rates May Rise if Inflation Doesn’t Cool
Next Article image NFT platforms market growth eyes $80B as sports fuels demand
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
mycryptopot

Popular News

Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
SONEX launches on Soneium’s mainnet 
SONEX launches on Soneium’s mainnet 
Shiba Inu
Solana Unveils “Seeker” Phone: Will SOL Spike To $250 Now?
Shiba Inu
Cardano: Recent Poll Has ADA Beating Out Ethereum & Solana
Fervo Energy Company stock jumps 19.8% after Google’s record geothermal deal
Fervo Energy Company stock jumps 19.8% after Google’s record geothermal deal
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
- Advertisement -
mycryptopot

You Might Also Like

Economists Evaluated the Situation After the FED’s 50 Basis Points Rate Cut: What Do They Expect?
Market

Top Economists Announce Interest Rate Expectations for 2025! This Month Is Pointed to the First Interest Rate Cut!

March 16, 2025
image
Market

Luke Gromen: Debt will be repaid in less valuable currency, the US needs to cut a trillion dollars to balance the budget, and parallels to the 2008 financial crisis are emerging

March 26, 2026
Canary Capital files S-1 for Pudgy Penguin PENGU token and NFT ETF
Nft

Canary Capital files S-1 for Pudgy Penguin PENGU token and NFT ETF

March 21, 2025
BaFin and ECB approve Germany’s DekaBank for crypto custody
Market

BaFin and ECB approve Germany’s DekaBank for crypto custody

December 25, 2024
Mycryptopot

"Welcome to MyCryptoPot, your go-to source for the latest insights and developments in the ever-evolving world of cryptocurrency.

Editor Choice

Solana and Ethereum can coexist in tokenization race: Dragonfly VC
Not even Trump can unblock the mess between banks and stablecoins
Indian crypto exchange CoinDCX confirms $44M stolen during hack

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Facebook Twitter Telegram
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Reading: AI Is Taking Power, Not Bitcoin Place, Says ViaBTC CEO
Share
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Welcome Back!

Sign in to your account

Lost your password?