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Bitcoin mining costs nearly half electricity; AI inference costs mostly computing equipment, says Vitalik Buterin.

Protocol Fundamentals
17 Oct 2026
Tokenpost
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Bullish
Bitcoin mining costs nearly half electricity; AI inference costs mostly computing equipment, says Vitalik Buterin.

Ethereum co-founder Vitalik Buterin shared cost estimates comparing Bitcoin mining and AI inference. Mining one Bitcoin costs about $93,700, with electricity making up 45.9% of that, while AI inference costs about $26,260 per GPU-year, with 76% attributed to computing equipment. Core Scientific is converting a Texas Bitcoin mining campus into an AI data center, reflecting a shift in data center use from mining to AI workloads. These estimates highlight different cost structures between Bitcoin mining and AI operations but are not audited figures for specific operators.

Bitcoin mining cost estimates provide context for readers interested in cryptocurrency markets. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 18, 2026 01:51 WIB: out of 50 priced major cryptocurrencies, 13 rose and 36 fell. Notable movers include ONE (Harmony) at Rp26 with a 1-day change of -3.99%, YFI (Yearn) at Rp39,590,000 with a 1-day change of -3.74%, and KSM (Kusama) at Rp77,222 with a 1-day change of -3.61%.

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