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AI Kicks Away Bitcoin? The Power Struggle for Energy Resources
In a surprising turn of events, US technology companies are now competing with bitcoin miners for control over scarce energy resources. As AI and cloud computing data centers expand rapidly, the demand for electricity is soaring, leaving tech giants like Amazon and Microsoft in a race to secure power supplies. This scramble for energy is shaking the foundations of the cryptocurrency mining industry, forcing miners to rethink their strategies or face the risk of being pushed out of business.
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