Bitfinex report: If mining power is transferred to AI in the long term, the risk of Bitcoin centralization will increase

Odaily News Bitfinex released an analysis report stating that the symbiotic potential between Bitcoin mining and artificial intelligence infrastructure cannot be ignored. Artificial intelligence operations require a lot of energy and professional facilities, and Bitcoin miners already have these facilities. They can reduce the scale of Bitcoin mining during peak AI operations or high energy demand, and increase the scale of mining when energy is more abundant. This dynamic can improve the economic efficiency of mining operations while maintaining sufficient hash power for the Bitcoin network.
Whether this shift will be a boon or a detriment to the Bitcoin network depends on the degree of diversification among miners and the industry’s ability to maintain network security amidst the changing dynamics. If executed strategically, the combination of AI and Bitcoin mining can foster innovation and efficiency without compromising Bitcoin’s decentralized nature. However, if significant amounts of hash power were permanently diverted, the Bitcoin network could face greater centralization risk. Choosing AI over other digital assets also aligns with the broader strategic goals of many mining companies. The growth trajectory of the AI industry promises long-term scalability and is aligned with emerging technology trends from automation to advanced data analytics.