Mining company executives reveal industry dilemmas: AI drives up electricity prices, chip supply faces concerns.

[Bitpush] The market intelligence director of a certain crypto mining company shared at an event today that the company acquired a data center two years ago to expand its scale, and recently also acquired a wind farm in Texas to obtain cheap and reliable energy.

Currently, in the field of crypto mining in the United States, due to the impact of the AI frenzy, electricity prices have soared; major companies like Microsoft are willing to pay above market prices for electricity, which affects crypto mining companies.

In the future, mining companies need to merge with power companies to increase their advantages.

At the same time, most of the current mining machine chips come from Samsung and TSMC, and the director feels uneasy about the uncertainty in the future chip industry. He stated that mining companies not only need to have their own energy but also need to make their own mining machines.