Part 13/17:
Conversely, during bullish runs, increasing Bitcoin prices attract new entrants, raising the hash rate and possibly diluting individual profitability unless miners can scale efficiently. The inherently volatile but asymmetric risk profile makes Bitcoin mining a unique market for savvy investors.
The Intersection of AI and Mining
In a section looking forward, Dan discusses the integration of AI processing within his organization's infrastructure. Originally conceived as a crypto-focused operation, his company began diversifying into AI data centers, motivated by the surging demand for AI compute power.