Crypto M - Crypto News

🚀 AI TRENDS | Bitcoin Mining Centralization and Edge AI Market Growth Projected Bitcoin mining is anticipated to become increasingly centralized, according to Alex Thorn, head of Galaxy Research. According to NS3.AI, Thorn's insights suggest a shift in the mining landscape, potentially impacting the decentralization that has been a hallmark of the cryptocurrency. Meanwhile, the edge AI market is expected to experience significant growth. Grand View Research forecasts that the market will expand from approximately $25 billion in 2025 to $119 billion by 2033, indicating a trend towards more localized AI applications. #BitcoinMining#Centralization#EdgeAI#MarketGrowth#Decentralization#AITrends#GalaxyResearch#NS3AI#GrandViewResearch#LocalizedAI#BTC

🚀 Bhutan's Bitcoin Mining Activities May Have Slowed Amid Economic Pressures Bhutan may have halted or reduced its Bitcoin mining operations after selling 70% of its Bitcoin holdings. According to Foresight News, this move contrasts with other major institutions and sovereign nations that are increasing their cryptocurrency and gold reserves. Bhutan's hydropower is reportedly being redirected to supply electricity to neighboring India rather than being used for Bitcoin mining. Economic pressures, along with declining Bitcoin prices, increased network difficulty, and halving pressures, are squeezing mining profitability. As of now, Druk Holding and Investments, the sovereign wealth fund managing Bhutan's Bitcoin assets, has not publicly commented on any asset transfers or the status of its mining operations. #Bhutan#Bitcoin#Cryptocurrency#BitcoinMining#Hydropower#EconomicPressure#SovereignWealthFund#MiningProfitability#India#DigitalAssets