The AI electricity competition has completely entered a fever pitch, and mining companies are facing the dimensional blow of 'mining is not as good as alchemy'. Established miners like MARA and Core Scientific are turning to AI, after all, AI can yield up to eight times the profit per megawatt of electricity compared to mining. Who can refuse such immense wealth? In the short term, the overall network has seen a drop of 14.5% in computing power from its peak, which indeed makes many old investors anxious. However, from a macro perspective, electricity has become a hard currency across industries, and the BTC difficulty adjustment mechanism is designed for this purpose. As long as there is profit margin, computing power will eventually find a new equilibrium. This wave represents a classic reordering of productivity. Rather than worrying about network security, I am more concerned about which mining companies can successfully transform and benefit from the AI boom. Do you think the outflow of computing power is a long-term hidden danger or is it providing benefits to the remaining miners? #AI #Mining #BTC #CoreScientific $BTC

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