[rvnx]

What if all these AI companies, are going to mint coins with their idle GPUs, wouldn't that lower value of these coins massively ?

It's not as good as an ASIC, but we talk about millions of GPUs

[BJones12]

Bitcoin mining on GPUs is generally unprofitable due to the price of electricity.

[direwolf20]

The rate of coin mining is the same, no matter how many miners there are