By 2030, global GDP will increase by $20 trillion due to the digital asset and artificial intelligence industries. This opinion was expressed by Juan Leon, senior cryptocurrency research analyst at Bitwise.
The expert named the partnership of miners and AI companies as an option for cooperation between the two industries.
The boom in artificial intelligence and the race for supremacy have created an acute shortage of data centers, AI chips and access to electricity. A well-developed mining infrastructure and miners' access to large amounts of cheap energy can help meet the demands of AI.
As an example, Leon cited the offer of the AI firm CoreWeave to buy the mining company Core Scientific for $ 1.6 billion, which is 55% higher than the market price.
Earlier, Core Scientific signed a 12-year contract with CoreWeave to provide 200 MW infrastructure for hosting Nvidia GPUs.
Other mining companies like Hut 8 and Iris Energy have also been diversifying their business in recent months with a focus on AI after the April halving.
Among other areas of intersection of cryptocurrencies and AI, the analyst called:
using the accessibility, transparency and immutability of decentralized public blockchains to counter AI abuse;combining AI assistants with smart contracts and digital money like bitcoin and stablecoins to open up new opportunities and increase productivity.Elliptic noted the increase in the use of AI in cryptocrimes.
Previously, AI was taught to detect money laundering through bitcoin.