It's a flawed argument. Consider the profit equation (revenue minus costs). The argument ignores that crypto is designed to have a minimum in cost (and that min

It's a flawed argument. Consider the profit equation (revenue minus costs). The argument ignores that crypto is designed to have a minimum in cost (and that minimum is high). For most other computing applications, compute cost is just a cost and does not have a fixed lower bound. In other words, crypto is designed to be an energy use competition, AI is not.