The mining growth will continue to slow down due to the following reasons: The mining Hardware is reaching the limits of Moore’s law. This is approaching the physical and economic limits of chip miniaturization, and making the new generation of miners only marginally more efficient.
The physical infrastructure and energy production are the bottlenecks for growth, which is about powering the scaling of mining and ordering machines. Lastly, the data center operators are diversifying into AI and high-performance computing (HPC).
Since then, there has been a widespread belief that BTC mining is harmful to the environment. However, in reality, BTC mining has the potential to be a powerful tool in the clean energy transition and a force for climate justice.
