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Vitalik Buterin says AI may displace Bitcoin miners
Vitalik Buterin stated that the cost structure of Bitcoin mining is evenly divided between hardware expenses and electricity consumption. He contrasted this with AI inference, which he said relies almost entirely on hardware costs. Based on this comparison, Buterin argued that advances in AI could potentially drive Bitcoin miners out of the market. The commentary was published on BeInCrypto. No further details or data were provided.