Crypto trader Ran Neuner said Bitcoin could be at risk if AI continues to pull miners away from the network, but others disagree.
A new debate has emerged over whether a continued shift by Bitcoin miners toward artificial intelligence could impact the network’s security and its role as a store of value.
While some argue that miners leaving the network would leave it more susceptible to a “51% attack,” others argue it will simply trigger the Bitcoin network to rebalance itself as designed, making it enticing for miners again.
“AI has killed Bitcoin forever,” crypto trader Ran Neuner said on Sunday, arguing that it has become Bitcoin mining’s biggest competitor because both industries compete for electricity.
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