Ask HN: Will GPU compute moving to AI drive crypto prices up?

1 pointschappim3 comments

Six months after bitcoin halving, some miners are keeping the Bitcoin they produce while an increasing number of companies are spending more on Al data centers. Will this drive crypto prices up?

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No, why would it?

Increased spending on AI data centers diverts resources from crypto, reducing competition and potentially boosting Bitcoin prices.

No, doesn’t work like that sorry.

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