US Bitcoin ETF issuer Bitwise has predicted that the combined efforts of the cryptocurrency industry and artificial intelligence (AI) could contribute $20 trillion to global GDP by 2030. The forecast was made at the annual Consensus conference in Austin.

The interaction between Bitcoin mining and AI was discussed. The rapid growth of AI has led to a shortage of data centers needed to store large amounts of data. Bitcoin miners with advanced data processing and storage infrastructure can mitigate this problem.

PwC estimates that AI and crypto could add $15.7 trillion and $1.8 trillion to the global economy by 2030, respectively. The combined impact of these two technologies could increase this amount to $20 trillion or more.