The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Elroy Jetson who wrote (12852)	7/31/2024 1:42:31 AM
From: elmatador	of 13783

The gigawatts controlled by Bitcoin miners could go a long way to quenching the power thirst of the AI giants. Compute Maximalism: The Symbiosis Between Bitcoin Mining and AI A look at how Bitcoin mining and AI can work together to create streamlined data center operations and facilitate efficient power grid management. We anticipate the following: 1. Continued increase in energy demand for both forms of computing. 2. New data center construction as the next bottleneck of expanding High-Performance Computing (HPC_ footprints, with large swaths of bitcoin mining facilities being repurposed for higher margin use cases. 3. Mining hardware will relocate to the fringes, seeking remote locations and variable inefficiencies that HPC workloads are ill-suited to monetize. 4. Co-mingling of both bitcoin mining and HPC in “mullet data centers” will leverage the high revenue potential of HPC and the flexible nature of bitcoin mining to effectively balance power draw and local grids, while outcompeting traditional data center strategies. bitcoinmagazine.com

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