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Big Tech coming for low cost electricity

Bitcoin Reddit

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So it is no surprise that Big Tech is trying to find ways to power their AI models:

https://www.wsj.com/business/energy-oil/big-techs-latest-obsession-is-finding-enough-energy-f00055b2

But does anyone have concerns for what this means for the BTC mining industry particularly in the US? Will we see some players bought by tech companies and the ASICs tossed aside so Zuck can host AI farms? Take it a step further and will we see Tech lobby to ban bitcoin mining (because of all the energy it uses, oh the horror!) and all those big publicly traded BTC mining companies now sitting around with nothing to do and tons of cheap energy. Too much tin foil hat?

submitted by /u/Savik519
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