The Rise of Artificial Intelligence and Bitcoin’s Downfall
With artificial intelligence in high demand, new challenges arise for cryptocurrency mining
We barely notice it, but algorithms run and rule our lives. Artificial Intelligence is everywhere, from the bedroom where you sleep to the car you drive; every tiny fragment of your daily routine has some AI intervention.
Scientists believe the human brain is hardwired for laziness, and our latent tendency to sloth paradoxically became one of the main driving forces towards humanity’s technological evolution.
That explains the exponential increase in machine-learning capabilities. Thinking is a tiresome thing for the average human. The world has reached such a state of mathematical complexity that it has outgrown our thinking effort capabilities, and we have to rely on machines to do a great deal of the hard labor.
Notwithstanding, we’ve barely scratched the tip of the AI iceberg and started exploring what may become one of the most game-changing creations of humanity yet.
However, exponential AI growth comes at a price, and for now, the main issue is energy consumption. AI companies and Bitcoin mining firms have one thing in common — they need powerful computing equipment to run their…
