Even a personal appeal by MicroStrategy Inc.’s Michael Saylor failed to persuade software giant Microsoft Corp. to follow in his footsteps by investing in Bitcoin.
Category: bitcoin – Page 2
Bitcoin Fog founder sentenced to 12 years for laundering $400M in criminal proceeds using his darknet mixer.
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Hello and welcome! My name is Anton and in this video, we will talk about recent discoveries about quantum computers.
Links:
https://journals.aps.org/prapplied/abstract/10.1103/PhysRevApplied.22.034003
http://cjc.ict.ac.cn/online/onlinepaper/wc-202458160402.pdf.
https://arxiv.org/pdf/2307.03236
https://www.science.org/doi/10.1126/sciadv.adn8907
https://qiskit.github.io/qiskit-aer/stubs/qiskit_aer.QasmSimulator.html.
https://arxiv.org/abs/2302.00936
Previous videos:
https://youtu.be/Jl7RLrA69pg.
https://youtu.be/dPqNZ4aya8s.
#quantum #quantumcomputing #quantumcomputer.
0:00 Quantum Doom.
2:15 Recent quantum claims by Google and IBM
3:30 Why it’s so hard and what issues have to be solved.
4:50 No real world application?
6:30 Potential use: quantum internet.
8:00 Optical quantum computer that does something different.
9:50 Cracking encryption.
11:15 Conclusions and what’s next?
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A team of engineers at AI inference technology company BitEnergy AI reports a method to reduce the energy needs of AI applications by 95%. The group has published a paper describing their new technique on the arXiv preprint server.
As AI applications have gone mainstream, their use has risen dramatically, leading to a notable rise in energy needs and costs. LLMs such as ChatGPT require a lot of computing power, which in turn means a lot of electricity is needed to run them.
As just one example, ChatGPT now requires roughly 564 MWh daily, or enough to power 18,000 American homes. As the science continues to advance and such apps become more popular, critics have suggested that AI applications might be using around 100 TWh annually in just a few years, on par with Bitcoin mining operations.
A blockchain entrepreneur, a cinematographer, a polar adventurer and a robotics researcher plan to fly around Earth’s poles aboard a SpaceX Crew Dragon capsule by end of year, becoming the first humans to observe the ice caps and extreme polar environments from orbit, SpaceX announced Monday.
The historic flight, launched from the Kennedy Space Center in Florida, will be commanded by Chun Wang, a wealthy bitcoin pioneer who founded f2pool and stakefish, “which are among the largest Bitcoin mining pools and Ethereum staking providers,” the crew’s website says.
“Wang aims to use the mission to highlight the crew’s explorational spirit, bring a sense of wonder and curiosity to the larger public and highlight how technology can help push the boundaries of exploration of Earth and through the mission’s research,” SpaceX said on its web site.
Mining cryptocurrencies like bitcoin could be done using quantum computers, cutting their electricity use by 90 per cent.
By Alex Wilkins
AI and crypto combined could add a total of $20 trillion to the global economy by 2030, the report said. Bitwise notes that bitcoin miners have all the resources that AI firms need. Crypto and AI have the potential to intersect in other areas other than mining such as information validation and virtual assistants.
The two industries could add a collective $20 trillion to global GDP by 2030, the report said.
Bitcoin halving explained. Find out about Bitcoin’s halving process works and what it means for Bitcoin’s price and its users.
In an attempt to protect its forests and famous wildlife, Virunga has become the first national park to run a Bitcoin mine. But some are wondering what the hell crypto has to do with conservation.