Mining will move to areas with waste and cheap electricity, Troy Cross notes

Mining will move to areas with waste and cheap electricity, Troy Cross notes
Mining finds new opportunities with AI

Troy Cross asserts that mining remains resilient and adaptable as both artificial intelligence and miners undergo transitions. He highlights that mining will continue in locations where there is waste, demand for heat, costly gas, and access to inexpensive electricity.

Cross also notes that previous problems tied to mining largely stemmed from issues on the fiat side rather than the mining sector itself.

Cross has previously examined risks to Bitcoin from CRQC technology, assigning probabilities to software upgrades and vulnerabilities in a recent assessment. He has also debated whether bitcoin should provide access to all users, including countries such as Iran, raising questions about financial inclusivity in a separate commentary. These discussions add context to his views on mining’s adaptability and the impact of external factors.

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