In early December, a long-dormant Bitcoin miner wallet from the Satoshi Nakamoto era suddenly became active after more than 15 years. This event happened as Bitcoin’s price began the month by falling below $90,000.
Record difficulty and declining on-chain fees have dragged Bitcoin mining profitability to a two-year low, creating a widening divide between miners surviving on razor-thin margins and those reinventing themselves as data-center operators for the AI boom.
Record difficulty and declining on-chain fees have dragged Bitcoin mining profitability to a two-year low, creating a widening divide between miners surviving on razor-thin margins and those reinventing themselves as data-center operators for the AI boom.
As artificial intelligence transforms every nook of technology, the inevitable query extends to the crypto world - will AI destroy Bitcoin mining, or will it strengthen it? While some forecast an existential danger, others envision a powerful partnership between two computational upheavals.
Gridless’ co-founder Janet Maingi explains how her company’s Bitcoin mining work is helping to electrify rural Africa, leading to a better quality of life for those in the communities Gridless touches.