As a data-driven crypto analyst, I’ve spent countless nights dissecting chain stats and mining economics. This isn’t just about gold in the ground versus code in the cloud—it’s about two worlds shaped by scarcity, but driven by wildly different rules. From ASIC hamster wheels to heat reclamation, Bitcoin mining isn’t just competitive—it’s evolving faster than anyone expected. Here’s why the future of value creation might be running on electricity, not ore.