"Energy is becoming the cost of intelligence." At #WDMS2026, Alexander Neumüller of the Cambridge Centre for Alternative Finance presents early insights from their latest mining report — ASIC efficiency is up 200×, 1 in 10 miners already run AI workloads, and data centre power demand is on track to exceed 200 GW by 2030. #BitcoinMining #WDMS2026(BITMAIN)