#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.
#Energy #transition #Electricity #generation #Artificialintelligence #Datacenter #Electricity_grid
source
source
IEEE Spectrum
Is AI's Energy Demand Really a Threat? History Shows We Can Innovate Our Way Out.
The world is anxious about the strain on power grids from AI data centers. But in the past, innovation in efficiency has balanced electricity demand from tech growth in the U.S. Can we do it again…