Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Monday, February 10, 2025

Bitcoin Mining Drives AI. And AI Stocks Respectively

 


To mine Bitcoin one needs extensive computer resources. Basically, one needs the same computer chips that feed artificial intelligence, AI computing. So in fact, Bitcoin mining drives to a large extent AI computing and AI computer chips production.

The US President Donald Trump and the US administration are very friendly towards Bitcoin. Bitcoin's price could top 200 000 USD in 2025, according to Wolfteam Ltd.'s projections and estimates.

Such a development would bode very well for artificial intelligence, AI computing chips production and will support the market capitalizations of companies like NVIDIA and Broadcom.

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