Bitcoin mining is becoming increasingly centralised while artificial intelligence may move toward decentralisation, according to Galaxy Research head Alex Thorn.
Mining has evolved from individuals using personal computers to large-scale operations reliant on specialised ASIC hardware and industrial infrastructure.
“AI may follow the opposite path,”
Said Galaxy Research head, Alex Thorn.
He explained that while AI began in centralised data centres, advances in smaller, more efficient models could enable on-device processing and broader decentralisation.
The divergence raises questions about Bitcoin’s long-term resilience, as increasing concentration of mining power could impact network security and decentralisation.
At the same time, the edge AI market is projected to grow from $25 billion in 2025 to $119 billion by 2033, driven by demand for faster, localised data processing.
Rising energy costs in the US are also pushing Bitcoin mining activity toward regions such as Paraguay and Ethiopia, contributing to geographic decentralisation despite industrial concentration.
At the time of reporting, Bitcoin price was $71,059.38.