

Bitcoin mining by nature does not produce anything of value… It literally is the most in efficient way to process transactions by design to try and avoid anyone from taking over the the whole chain. Due to built in scarcity mechanism it doesn’t even really produce new bitcoins with much frequency anymore
At least AI has “some” practical use











It is the dot com bubble all over again, we all know the internet completely transformed the world but during that hyperphase anything with .com was getting money tossed at it.
We are in the same phase with AI. It will likely completely transform tech and medicine and a number of other fields. However 90% of what is being pushed right now is not good uses for it. They are masking the real costs for it. We are likely going to end up with an oversupply of datacenters just like all the unused dark fibre we had in the .com age. It will eventually transform into more useful things but “most” not “all” of it is hype right now.