Brad Mills: Bitcoin miners operate at nearly three times the voltage of AI chips

Brad Mills: Bitcoin miners operate at nearly three times the voltage of AI chips
Bitcoin mining chips use higher voltage

Brad Mills compares the power efficiency of chips used across industries to those used for Bitcoin mining. He points out that while chips in other fields address the power problem by running at lower voltages, Bitcoin miners operate at less than three times the voltage of AI chips.

Mills has previously commented on systemic risks in Bitcoin-based credit markets, noting that the 11.5 percent STRC dividend reflects a premium for liquidation-clearing risk in these systems, according to a recent article. He also discussed the current Bitcoin bear market, highlighting a sense of regulatory clarity despite a 50 percent price drop, as reported in a separate piece. The recent commentary on chip power efficiency follows Mills' ongoing analysis of Bitcoin market infrastructure.

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