Bitcointalk thread argues AI is out-competing Bitcoin miners for cheap electricity — and it could get worse
Saw an argument worth discussing: AI/data center demand for electricity is starting to squeeze out Bitcoin miners economically, since both compete for the same cheap, stranded power sources. As mining margins shrink, the case goes that ASIC hardware resale values could collapse, and financially struggling miners may eventually have more incentive to attack the network (e.g. selfish mining, short-selling attacks) than to keep mining honestly.
Given how much mining centralization and PoW security get discussed here, curious what people think — is this a real long-term threat to security, or does it overstate how mobile mining operations actually are in chasing cheap power?
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