Coinbase CEO Armstrong Dismisses Chamath’s Bitcoin Mining Warning: Will Price Suffer?
Coinbase (COIN) CEO Brian Armstrong dismissed billionaire investor Chamath Palihapitiya’s warning that synthetic intelligence (AI) demand threatens Bitcoin (BTC) mining. Armstrong stated the community’s automated problem adjustment retains worth disconnected from hash energy. Palihapitiya argued miners may earn 10 to twenty instances extra by promoting that very same vitality to AI operators as an alternative….
