INTERVIEW Will Bitcoin Miners Be Squeezed Out by AI Power Demands? Will We? episode artwork

EPISODE · Aug 15, 2024 · 35 MIN

INTERVIEW Will Bitcoin Miners Be Squeezed Out by AI Power Demands? Will We?

from The REAL David Knight Show · host David Knight

AI already uses as much power as mining and will use far more in a couple of years.  AI can earn 17-25 times as much per kWh as Bitcoin.  Will Bitcoin be squeezed out?  If it relocates, will electricity for the rest of us be scare and/or far more expensive?Will Bitcoin be co-opted for CBDC?  What can we learn from the creation of the internet and the struggle for control?Trump says, as President, he thinks he should have a say in the Fed's determination of interest rates.  What does that tell us about his view of the Fed?Tony Arterburn, DavidKnight.gold, joinsMoney should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silverFind out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @[email protected] App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7For 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTFor 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-real-david-knight-show--5282736/support.

AI already uses as much power as mining and will use far more in a couple of years.  AI can earn 17-25 times as much per kWh as Bitcoin.  Will Bitcoin be squeezed out?  If it relocates, will electricity for the rest of us be scare and/or far more expensive?Will Bitcoin be co-opted for CBDC?  What can we learn from the creation of the internet and the struggle for control?Trump says, as President, he thinks he should have a say in the Fed's determination of interest rates.  What does that tell us about his view of the Fed?Tony Arterburn, DavidKnight.gold, joinsMoney should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silverFind out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @[email protected] App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7For 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTFor 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-real-david-knight-show--5282736/support.

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INTERVIEW Will Bitcoin Miners Be Squeezed Out by AI Power Demands? Will We?

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This episode is 35 minutes long.

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This episode was published on August 15, 2024.

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AI already uses as much power as mining and will use far more in a couple of years.  AI can earn 17-25 times as much per kWh as Bitcoin.  Will Bitcoin be squeezed out?  If it relocates, will electricity for the rest of us be scare and/or far more...

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