AI’s energy consumption concerns echo Bitcoin mining criticisms, says Heatbit founder By Cointelegraph

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© Igor Faun

Artificial intelligence (AI) and machine learning (ML) are demanding huge amounts of computing resources as interest in the space grows, but conventional (BTC) miners are not jumping on the bandwagon just yet.

Speaking to Cointelegraph journalist Joe Hall at Web Summit 2023 in Lisbon, Portugal, Heatbit founder Alex Busarov believes that mining farms, data centers and small-scale computing power providers are far more clued up on Bitcoin mining than the nascent AI and ML infrastructure space.

Alex Busarov at Web Summit 2023, with a Heatbit Bitcoin-mining heater strapped to his back. Source: Joe Hall/Cointelegraph