You are currently viewing Why AI’s Energy Use Isn’t Demonized Like Bitcoin’s

Last month, bitcoin mining company Core Scientific (CORZ) signed a 200 megawatt (MW) artificial intelligence (AI) deal with cloud computing firm CoreWeave, the former agreeing to modify some of its existing infrastructure to host the latter’s GPUs for high performance computing operations.

Miners, bitcoiners, and technologists have been talking about the overlap of AI and Bitcoin for a while and this Core-to-Core deal marked the official collision of these two (potentially) over-hyped and over-frothed industries. The union makes perfect sense: Bitcoin miners have built out robust data centers, complete with attractive energy contracts, and as bitcoin mining trends towards lower profitability, providing AI companies with infrastructure is an obvious and straightforward way to bridge the gap (until things get better).

That said, just like with Bitcoin, not everyone is totally psyched about AI. And AI

Keep reading this article on Coinbase.com.

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