Almost 20 Million Bitcoin has been mined

[suzanne5223]

The remaining 1 million bitcoins will be completely mined in the year 2140 so imagine how far the price of bitcoin has reached within just 16 years of its discovery, it is to tell us that there is so much bright future for bitcoin. As the ETFs, whales, government and other cooperate organizations are buying bitcoins, it is important to also be a part of the hodlers as no price is too late to buy and have some stash in your portfolio. Having a few bitcoins is better than not having at all because the price can skyrocket to an incredible height at a time when we least expected.

The price of Bitcoin may skyrocket to a new incredible height, but there's a chance that it will also experience a huge dump in price, which I believe we're already experiencing through the new investors prioritization of ETF investments over self-custodial. We both know that corporate organizations and large fund investment management are the major players in this current market.

What I am trying to say is that we're just anticipating the scarcity of Bitcoin that will happen in the next few years, but we seem to ignore the disadvantage that comes with corporate organizations having much BTC in their portfolio, especially since what they do is switch from Bitcoin to Gold when they notice some negative activities in the market.

[X-ray]

I am excited about the fact that 20M BTC has already been mined. But speaking of Bitcoin mining, I also have concerns regarding the fact that many Bitcoin miners, especially big players, are currently shifting to AI, providing AI computation. Compared to Bitcoin mining, things related to AI are more profitable for them, way more profitable.

The positive side:
- Miners will most likely hold their BTC rather than selling it because they already have a new income stream from their new business model related to AI.
- A more decentralized ecosystem if many big miners decide to stop mining Bitcoin.

The negative side:
- The hashrate may decrease, which will affect security. CMIIW.
- Negative sentiment toward crypto as big players move out of Bitcoin.
- And yeah, we lose them, a very big community, Bitcoin mining community.

Source: https://www.etftrends.com/coinshares-content-hub/bitcoin-miners-shift-crypto-ai-data-centers/

The most popular AI model are all proprietary company owned weight model, from claude opus to google gemini. If these data center want to shift to AI providing AI computation, they will need to compete with those giant company who are getting their GPU from NVIDIA directly with billions worth in GPU deals.
At the same time, they could only run open sourced weight like KIMI, deepseek, and MiniMax 2.5 which isn't that useful for real task and nobody really uses. It's not as simple as shifting to AI and suddenly generate profit.