Why deepseek disrupts crypto coins?

[CryptoBoss]

I understand why it influences nvidia and AI tech projects, but why does it influence crypto market? Any ideas? I don't get it at all.

 

[root777]

Think about hardware competition. Mining farms and AI training fight for same gpus. Lot of miners already switching their rigs to AI training, more profitable rn

 

[CryptoBoss]

wait so its literally just about graphics cards? thought there was more to it

 

[Btcalysis]

It's bigger than just gpus. Check mining pool stats from last week:
Antpool hashrate -8%
F2pool struggling
Binance pool dropping
Smaller pools shutting down completely

 

[CryptoBoss]

damn didnt realize it was hitting pools that hard. but why they switching so fast?

 

[marshal]

ser who cares about mining when we got zk proofs

 

[goldkingcoiner]

already converted half my mining farm to ai training. roi better than eth mining tbh

 

[CryptoNeed]

Everyone missing the bigger picture. This isn't just about current prices - it's about infrastructure. Crypto and AI been fighting for compute resources since 2021.

 

[CryptoBoss]

but wouldnt asic miners still work fine? why's everyone panicking

 

[Masterrrr]

brb selling my mining farm to train models

 

[kakade]

rip mining profits. back to staking i guess

 

[Patronus]

this giving me chatgpt flashbacks when everyone thought ai would kill crypto

 

[CryptoBoss]

this giving me chatgpt flashbacks when everyone thought ai would kill crypto

what happened then? wasn't around for that

 

[hack3rcon]

More worried about these models getting too good at chain analysis tbh. Privacy coins might get interesting soon

 

[goxeme]

love how every ai thing kills my mining profits