Bitcoin miners hold the power and infrastructure AI needs. HIVE's Frank Holmes explains how mining sites and former Ethereum GPUs are fueling the AI boom. This post Frank Holmes: They Will Print $100 Trillion – Why to B
Bitcoin miners already have the power, the land, and the substations that AI needs. Frank Holmes, executive chairman of HIVE Digital Technologies, explains why he calls Bitcoin mining a “tier one” data center, how GPUs that once mined Ethereum led HIVE into AI, and why he thinks the next wave of AI factories will be built on mining infrastructure from Paraguay to Canada.
Chapters: 0:00 Frank Holmes on HIVE: From Gold Investor to Bitcoin Miner to AI Compute 2:12 How ETFs Changed Bitcoin: From the Fear Trade to the Love Trade 4:20 The Binance $19 Billion Liquidation and the $350 Trillion Money Supply 5:45 Gamers, Younger Quants, and Why Bitcoin Will Keep Gaining Adoption 7:29 Covid’s $40 Trillion of Money Printing and the Global MMT Risk 9:24 China, Russia, and Why Bitcoin Is a Tier One Data Center 11:33 China’s Bitcoin Mining, $1.4 Trillion of Lending, and Central Banks Buying Gold 13:44 Paraguay’s Central Bank and Bitcoin Mining as an Export 14:57 Compute as a Commodity: Canada’s AI Push and Bitcoin Miners’ Power Advantage 20:34 Where to Find Frank Holmes’s Weekly Investor Alert Newsletter