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Coinbase CEO Says Bitcoin Won’t Break Even If AI Pays Miners 20x More

COINOTAG·July 21, 2026·1 min read
Coinbase CEO Says Bitcoin Won’t Break Even If AI Pays Miners 20x More

Coinbase CEO Brian Armstrong pushed back on claims that the AI boom could break Bitcoin, arguing the Bitcoin network absorbs any mining competition. He stated Bitcoin won't break even if AI pays miners 20 times more, dismissing concerns that AI-driven mining demand could destabilize the network or its economics.

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