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Dragonfly Partner: Without Crypto Development, Today's AI Boom Might Not Have Occurred

On July 31, Dragonfly partner Haseeb posted on X platform, stating that without the development of the crypto industry, the current AI boom might not have emerged. He noted that over the past decade, Bitcoin miners have accumulated experience in electricity acquisition, site selection, and large-scale infrastructure construction in remote areas, which has provided an important foundation for the expansion of AI data centers. Additionally, crypto mining demand has helped Nvidia transition from a gaming GPU manufacturer to an AI computing chip supplier. Furthermore, the core teams of several emerging AI cloud service providers, including CoreWeave, Crusoe, Together AI, and Nscale, all have backgrounds in the crypto industry.

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