Bitfinex: If mining power is long-term transferred to AI, the centralization risk of Bitcoin will increase

ChainCatcher news, Bitfinex released an analysis report stating that the symbiotic potential between Bitcoin mining and artificial intelligence infrastructure cannot be ignored. AI operations require a significant amount of energy and specialized facilities, while Bitcoin miners already possess these facilities. During peaks in AI operations or surges in energy demand, miners can scale down Bitcoin mining and increase mining capacity when energy is more abundant. This dynamic can enhance the economic efficiency of mining operations while maintaining sufficient hash power for the Bitcoin network.

Whether this shift is beneficial or detrimental to the Bitcoin network depends on the diversification of miners and the industry's ability to maintain network security amid changing dynamics. If executed strategically, the combination of AI and Bitcoin mining can foster innovation and efficiency without compromising the decentralized nature of Bitcoin.

However, if a significant amount of hash power is permanently transferred, the Bitcoin network may face greater centralization risks. Choosing AI over other digital assets also aligns with the broader strategic goals of many mining companies. The growth trajectory of the AI industry is expected to achieve long-term scalability and align with emerging technological trends, from automation to advanced data analytics.