BTC miners compete with AI industry

According to DeCrypt, investment firm Bernstein has released a report that suggests Bitcoin miners are competing with artificial intelligence (AI) data centers in Texas. "Bitcoin mining is a task that requires the use of many computers and the energy that comes with it. The burgeoning AI industry is also a power-hungry sector. Both industries are looking to areas with low energy prices and large tracts of land, such as Texas. "The mining industry has a relative advantage due to the upcoming halving. Companies will have prepared to work more efficiently in preparation for the halving."