It doesn’t take that much energy and power to run an LLM or an image generator, and sure, it would take a lot with so many users connecting, across so many servers… but there’s just no way they’re not mining bitcoin. My math might not be mathing but it seems like AI doesn’t justify the power use and it seems like everybody’s lying.
Someone who knows more about this inform me of your opinions
Bitcoin mining doesn’t normally use GPUs. They use dedicated ASICs. Far more effective, and cheaper in every way.
In addition, AI is in the “growth at any cost” phase. There is a TON of investor money to burn, with little need to show future profitability.
If that’s the case, why don’t they pull the Renaissance artist scam and just take a bunch of money and swear they’re working on stuff? If they don’t have to prove anything, why use any energy at all?
Little need, but not no need. They need to have a vague path, and something to show for it.
A vague path and something to show for it means using a bunch of energy for something they’re not even really doing…?