Post
Topic
Board Beginners & Help
Re: THE FUTURE OF AI ON BTC TRADING AND MINING
by
iwantmyhomepaidwithbtc2
on 09/05/2023, 06:37:32 UTC
Artificial intelligence is on a fast track. Task that were once considered to be time consuming and energy sapping are now completed within minutes using AI. some traders sit for hours in front of their gadgets analyzing charts and studying trends yet they end up making bad trade calls, but now there are AI bots that analyses the market and places trades automatically even while you sleep.

So friends, what do you think the future have in store for BTC trading and mining?

For me there is no connection between AI and mining.

The future of mining is simply more and more efficient chips, and therefore a higher global hashrate, and of course a continuously increasing mining difficulty.

This will have the impact of leaving out those who pay expensive electricity, and limiting the possibility (unfortunately) for small miners to try their luck at solo mining a block of BTC.

I don't see how or under what circumstances artificial intelligence can or will have a direct impact on SHA256 mining