#Mining and #AI: allies or competitors for #energy?
#Mineração e #IA : aliados ou concorrentes para #energia ?
https://atlas21.com/mining-and-ai-allies-or-competitors-for-energy/
PS. Comentário
#Mineração e #IA : aliados ou concorrentes para #energia ?
https://atlas21.com/mining-and-ai-allies-or-competitors-for-energy/
PS. Comentário
Atlas21
Mining and AI: allies or competitors for energy?
Bitcoin mining companies are moving toward AI to diversify their business and stabilize profits.
Bitcoin's #difficulty adjustment counters #Moore's Law. It ensures the electro-computational cost of hashing remains high, no matter how fast and efficient our computers become, by increasing the hashing difficulty ad infinitum.
Bitcoin ASICs chase an ever-receding horizon. No amount of ASIC efficiency will make the Bitcoin network use less energy. This high physical cost for producing Bitcoin or updating its ledger is a core feature, not a bug. We WANT it to be too physically expensive for any centralized entity to write the ledger. That is the primary #mechanism of Bitcoin's decentralization.
The 2nd-order effects of this are also highly beneficial for humanity. #Energy producers and chipmakers are financially incentivized to find better/cheaper energy sources and more efficient computers to gain a temporary comparative advantage in hashing. The end result is more abundant energy, faster and more efficient computers, and more secure ledger. #Mining
It's a win-win-win.
Twitter | Source
⚡️ @TutorialBTC
Bitcoin ASICs chase an ever-receding horizon. No amount of ASIC efficiency will make the Bitcoin network use less energy. This high physical cost for producing Bitcoin or updating its ledger is a core feature, not a bug. We WANT it to be too physically expensive for any centralized entity to write the ledger. That is the primary #mechanism of Bitcoin's decentralization.
The 2nd-order effects of this are also highly beneficial for humanity. #Energy producers and chipmakers are financially incentivized to find better/cheaper energy sources and more efficient computers to gain a temporary comparative advantage in hashing. The end result is more abundant energy, faster and more efficient computers, and more secure ledger. #Mining
It's a win-win-win.
Twitter | Source
⚡️ @TutorialBTC
Kuwait bans Bitcoin #mining over #energy concerns and legal violations
https://cryptoslate.com/kuwait-bans-bitcoin-mining-over-energy-concerns-and-legal-violations/
https://cryptoslate.com/kuwait-bans-bitcoin-mining-over-energy-concerns-and-legal-violations/
CryptoSlate
Kuwait bans Bitcoin mining over energy concerns and legal violations
Kuwait crackdowns on Bitcoin mining while emphasizing the risks to public safety and energy infrastructure.
TFTC - "Only 10% Are Using #AI Correctly" - Bitcoin, AI & #Energy Convergence | Rod Roudi
TFTC - "Apenas 10% estão usando #IA corretamente" - Bitcoin, IA e Convergência #Energética | Rod Roudi
https://www.tftc.io/bitcoin-ai-energy-convergence-rod-roudi-tftc/
TFTC - "Apenas 10% estão usando #IA corretamente" - Bitcoin, IA e Convergência #Energética | Rod Roudi
https://www.tftc.io/bitcoin-ai-energy-convergence-rod-roudi-tftc/
TFTC – Truth for the Commoner
TFTC - "Only 10% Are Using AI Correctly" - Bitcoin, AI & Energy Convergence | Rod Roudi
Rod Roudi explores how Bitcoin, AI, and energy are driving a new era of innovation, personal sovereignty, and purposeful living.