In a career for the Supreme AI, North America is now learning important lessons from Bitcoin
The mining industry about the development of large -scale infrastructure near sustainable energy sources, according to serial entrepreneur Kevin O’Leary.
“It’s all down to power,” said “Sharktank” star O’Leary in an interview. “If you’re talking about an AI data center or you’re talking about Bitcoin mining. And now we see that these projects are often quite the same.”
A serendipitous overlap between Bitcoin mining operations and AI Data Center requirements has become a place dedicated to Washington, DC policymaker, and it is driving institutional investors to sink in the best situations, O’Leary said.
For example, the New York State, who initially lacks the right policy to advance despite the abundance of hydro power from the grid to Niagara Falls, now “trying to restore Mojo” when it comes to mining bitcoin and AI, according to O’Leary.
“I think some states, such as New York and others, have found that these are highly paid jobs in cutting two newly regulated industries, AI and Bitcoin Mining and Crypto. And they feel that they are somehow missed,” he said.
These days, the more desirable options are in places such as West Virginia, North Dakota, Mississippi, and Texas, O’Leary, who is a supporter of the BitzeroA Green Energy Bitcoin Mining and Data Center Company with operations in North America, Norway and Finland. “Alberta, Canada is a good example because they have a lot of low cost, which is stranded natural gas,” he said.
Income income
Bitcoin miners have been forced to change their business with AI and Cloud Computing because recent stops cut off mining rewards in half, squeezing their income margin to a super competitive market. Companies like Core Scientific (Corz) brought the intersection of mining and AI to the mainstream, and other miners such as Hive Digital (Hive) and Cube 8 (Hut) were pivoted by the large amount of their AI data centers to vary -their income different.
Bitcoin mining marriage and AI computing in data centers have become an easy way to carry out this variety, as miners have tapped the massive amount of electricity needed to support the rapid increase of requests at the AI center of AI. (A single chatgpt query requires 2.9 watt-hour of electricity, compared to the 0.3 Watt-hour for a Google search, according to International Energy Agency.)
Bitcoin mega-water mega-water mining operations are usually located near the abundant energy supplies with industrial industrial connection connection connection developed and running. It makes retrofitting the Bitcoin mines with AI graphics processing units (GPUS) a potentially attractive -attractive proposal – even AI data centers requires more infrastructure.
‘Foolish’ tariff war
O’Leary said he was optimistic when he was talking to rules regarding the power of AI Boom, namechecking US Interior Secretary Doug Burgum, Oklahoma Governor Kevin Stitt, and Alberta Premier Danielle Smith. O’Leary, who canada, says Smith has caught the attention of Bitcoin Mining and AI Data Center Industry When he revealed The province has 200 trillions of cubic feet of gas on its fingers.
This is why a tariff war between the US and Canada is “silly,” O’Leary said, pointing out that China is preparing for “Ai Wars” by setting up new coal-burning plants weekly.
“Not only are we talking about Bitcoin mining, it’s about being competitive with countries,” O’Leary said.
“We need to bring it all at home, but our biggest problem is power. No more power in the domestic grid. Nada. And so, if you wish a Gawinatt In any state, forget about it. You need to know a way to develop that power yourself from natural gas or nuclear strength or something else. “
Read more: Here’s AI, but it doesn’t mean that bitcoin miners are done
