In the race for the supremacy of AI, North America is now learning important lessons of Bitcoin
Mining Industry on the construction of large -scale infrastructure near sustainable energy sources, according to Kevin O’Leary series.
“Everything is reduced to power,” said “Sharkank” star in an interview. “Whether you are talking about an AI or Data Center that is talking about Bitcoin Mining. And now we are seeing that these projects are very often a bit of both.”
A fortuitous superposition between Bitcoin mining operations and the requirements of the AI data center has become an approach area for Washington, DC policy formulators, and is promoting institutional investors to fall into the best situations, O’Leary said.
For example, the state of New York, which initially lacked the correct policy to advance despite its abundance of hydroelectric energy of the network in the Niagara cataracts, is now “trying to recover its mojo” when it comes to mining and the AI of Bitcoin, according to O’Leary.
“I think some states, such as New York and others, have discovered that these are well -paid works at the forefront of two new regulated industries, mining and crypto of Bitcoin. And they feel that they have somehow been lost,” he said.
These days, the most desirable options are in places like West Virginia, North Dakota, Mississippi and Texas, said O’Leary, who is a bitzero sponsor, a company of data centers and mining of green energy bitcoin with operations in North America, Norway and Finland. “Alberta, Canada is a good example because they have a lot of stranded and low -cost natural gas,” he said.
Gain tight
Bitcoin miners were forced to diversify their business in AI and cloud computing, since the recent half of half has reduced mining rewards to half, squeezing their profit margin in an already super competitive market. Companies like Core Scientific (Corz) They have brought the intersection of mining and AI to the main current, and other miners such as HIVE Digital
and Hut 8 have revolved large amounts of their data centers in AI to diversify their income.
Bitcoin mining marriage and the accommodation of the computer computing in data centers became an easy way to achieve this diversification, since miners are already taking advantage of the large amount of electricity necessary to support the demands of AI. (A single chatgpt consultation requires 2.9 electricity watts, compared to 0.3 watts for a Google search, according to the International Energy Agency).
MEGA-CABECERA BITCOIN MINING OPERATIONS are usually located near abundant energy supplies with energy generation connectivity infrastructure at an industrial scale already built and operating. This makes the adaptation of Bitcoin mines with graphics processing units that work with AI (GPU) a potentially attractive proposal, although AI data centers require much more infrastructure.
TARANCELARIA WAR ‘TONTA’
O’Leary says that it is optimistic when he speaks with the policy formulators on the feeding of the AI boom, appointing the interior secretary of the United States, Doug Burgum, to the governor of Oklahoma, Kevin Stitt, and Alberta Danielle Smith’s prime minister. O’Leary, who is Canadian, says that Smith caught the attention of the Bitcoin and AI data center industry when he revealed that the province has 200 billion cubic feet of gas at its disposal.
This is the reason why a tariff war between the United States and Canada is “silly,” said O’Leary, pointing out that China is preparing for “AI wars” by establishing new electric coal burning plants weekly.
“We are not only talking about Bitcoin Mining, it is about the competitiveness of nations,” O’Leary said.
“We have to bring all this back home, but our biggest problem is power. There is no more power in the domestic network. Nothing. And so, if you want a gigawatt in some state, forget about it. You have to find a way to develop that power from natural gas or nuclear energy or something else.”
Read more: AI is here, but that does not mean that Bitcoin miners are finished
