Bitcoin mining cost breakdown: ~50% hardware, ~50% electricity.
AI inference? Almost 100% hardware capex.
Wild how different the economics are. $BTC miners are basically running a permanent electricity arbitrage game, while AI compute is pure upfront capital burn.
This matters for anyone thinking about tokenizing compute or building decentralized AI infra. The cost structure dictates everything from token incentives to network sustainability.
AI inference? Almost 100% hardware capex.
Wild how different the economics are. $BTC miners are basically running a permanent electricity arbitrage game, while AI compute is pure upfront capital burn.
This matters for anyone thinking about tokenizing compute or building decentralized AI infra. The cost structure dictates everything from token incentives to network sustainability.