In brief

  • Vitalik Buterin reveals that Bitcoin mining costs are roughly split 50/50 between hardware and electricity

  • Electricity costs around USD 43,000 per coin, with capex estimated at around USD 37,600

  • AI inference processing costs are mostly—almost entirely—hardware costs

Read the original story: Vitalik Buterin reveals why AI may force Bitcoin miners offline, by Phil Haunhorst at th.beincrypto.com

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