Aleksandra Tsybulskaya has been diving deep into the core of the crypto mining business for more than ten years. For more than ten years, she has been helping clients make money by giving them smart investing advice and making plans for their money. Aleksandra has a lot of experience, so she has seen Bitcoin grow from a small experiment to a huge financial power around the world.
Aleksandra talked to AltCoinDesk.com and told them about her inspiring experiences, what she learnt from the industry, and how strongly she believes that the crypto mining industry will grow a lot in the next ten years.
Important facts regarding mining that are worth knowing
- To mine, you need a lot of money, skill, and a long-term commitment.
- People are really important.
- Using renewable energy and better cooling systems lowers costs.
- AI is a great way to improve mining.
- When the market changes, like when Bitcoin halved, start small and learn as you go.
Aleksandra started her journey into the world of crypto because she believed that blockchain technology may change how money works. She went from an idea to a leader in the area. Decentralisation is the main idea underlying blockchain. This means that no one person or government can stop transactions. This is what made her excited and interested. She called Bitcoin “an extraordinary asset in human history.”
Famous figures in the crypto realm, such Andreas Antonopoulos, who wrote “Mastering Bitcoin,” and Michael Saylor, the CEO of MicroStrategy, who owns $46 billion in Bitcoin, had a huge effect on her.
Aleksandra says that Bitcoin is worth anything because it isn’t linked to anything else. The fact that its prices aren’t based on gold, silver, or government pledges makes it a unique part of modern finance.
Keeping the economy steady with crypto
Aleksandra said that bitcoin is more than just an investment; it’s also a legacy. She points to her own nation of Belarus as an example of a place where an ageing population could hurt the economy. Right now, there are only two working taxpayers for every retiree, and that number is increasing up.
She thinks that crypto can help with these issues. If you had put only $10 a month into Bitcoin since 2014, it would be worth about $5,280 currently. This illustrates that it can help you create money and keep your money safe from inflation and changes in the number of people.
“People are the most valuable asset,” remarked Aleksandra.
The people Aleksandra has met in the crypto world are the most significant thing to her. Blockchain Summit and Crypto Expo Dubai allowed her meet business owners and entrepreneurs who are changing the future of environmentally friendly mining.
Getting used to the Bitcoin halving and looking into other coins
The Bitcoin halving in April 2024 made it tougher for miners to make money, but it also made Bitcoin harder to discover, which caused massive price spikes. Aleksandra thinks that this move makes miners look for new ways to work more effectively, such immersion cooling and AI optimisation, which can cut their costs by up to 30%.
She also says to invest in coins that pay you rapidly, like Litecoin, and to grow your business before demand rises.
Do mining and AI work together or against each other?
Some people argue that AI computation should happen at crypto mining locations, but Aleksandra thinks this is often too expensive and not possible because of differences in technology and infrastructure. ASIC mining rigs aren’t made to tackle AI’s GPU-heavy duties, and changing them may make the rigs twice as expensive.
AI is still quite important in mining, though. It lets you figure out how much energy you’ll need, make cooling better, and arrange maintenance ahead of time. This might save expenditures by 20–25% and equipment failures by 30%.
Things look bright for the future
The crypto mining sector is expected to rise at a compound annual growth rate (CAGR) of 7.8% from $1.55 billion in 2024 to $2.83 billion by 2032. Marathon Digital Holdings and Bitmain, two big names in the market, are striving for ways to use less energy. At the same time, Proof-of-Stake solutions are also getting more popular.
The crypto mining market is expected to grow from $1.55 billion in 2024 to $2.83 billion by 2032, which is 7.8% per year.
