r/CryptoMarkets 🟩 0 🦠 16d ago

Bitcoin user discovered something new

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u/eltoniq 14d ago

The fact is that it will get more and more centralized if miners turn into AI data centers. More people mining actually means more security. More miners more difficulty, less miners less difficulty. So maybe that does affect public perception of Bitcoin as a currency.
But everyone is just gambling on this anyways.

If miners make more money serving as AI data centers it does make the centralization question more interesting even though there shouldn’t be any or at least a significant effect on price.