AI’s energy consumption concerns echo Bitcoin mining criticisms, says Heatbit founder - New Style Motorsport

While artificial intelligence continues to grab headlines, small and large-scale Bitcoin miners might not

necessarily jump ship to the AI and machine learning hype train.

Artificial intelligence (AI) and machine learning (ML) are demanding huge amounts of computing

resources as interest in the space grows, but conventional Bitcoin

tickers down

miners are not jumping on the bandwagon just yet.

Speaking to Cointelegraph journalist Joe Hall at Web Summit 2023 in Lisbon, Portugal,

Heatbit founder Alex Busarov believes that mining farms, data centers and small-scale computing

power providers are far more clued up on Bitcoin mining than the nascent AI and ML infrastructure space.

“The reason for that is when people talk about AI, that’s normally the actual application side of AI;

it can speak for you, or it can create your voice or whatnot, but people don’t really think of the compute

side of AI as much,” Busarov explains.

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