"All of these companies breaking into this new form of computers saying hold my beer we don't have time for that... as long as you get there first before everyone else, you're going to have a larger share." Traditional data centers are bogged down by bureaucracy ("writing new rule books"). Bitcoin miners possess the unique combination of existing power infrastructure, risk tolerance, and speed required to capture the initial AI compute market share. LONG. Miners are the "fast" infrastructure play for AI. Regulatory crackdowns on energy usage or a shift in AI compute requirements that miners cannot retrofit for.