AI’s energy consumption concerns echo Bitcoin mining criticisms, says Heatbit founder

AI and machine learning (ML) is demanding huge amounts of computing resources as interest in the space grows, but conventional Bitcoin miners are not jumping on the bandwagon just yet.Speaking to Cointelegraph journalist Joe Hall at Web Summit 2023 in Lisbon, Heatbit founder Alex Busarov b ...

Buying Bitcoin is preferable to BTC mining in most circumstances — Analysis

While, intuitively, mining Bitcoin may appear like a highly profitable endeavor, research suggests otherwise. After discovering Bitcoin (BTC), most users go down the rabbit hole and consider whether it is better to mine or buy Bitcoin directly. They usually give up on mining due to th ...