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Microsoft has secretly been developing its own artificial intelligence (AI) chips to deal with the rising costs of development for in-house and OpenAI projects, per a report from The Information. Reportedly in the works since 2019, Microsoft’s recently revealed hardware venture appears to be designed to reduce the Redmond company’s reliance
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As for competitors, as ridiculous as it sounds, Gridless doesn’t really have any pure competitors at the moment. Sure, there are microgrid providers in Africa and, yes, there are companies and individuals mining bitcoin in Africa, but as for someone doing both? Gridless stands somewhat alone at the moment. Original Source
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A controversial proposal seeking the return of 700 million ARB governance tokens to Arbitrum's DAO Treasury was rejected by a massive number of votes on April 15. The Improvement Proposal AIP-1.05 was introduced after the Arbitrum Foundation transferred funds without community approval in March. The AIP-1.05 was defeated by 118 million
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent blog post, the creator of ethereum disclosed that he used ChatGPT 3.5 to develop a method for streamlining people’s use of public transportation. Vitalik Buterin outlines how decentralized autonomous groups and blockchain can
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Russia is now ranking second in terms of energy capacities engaged in the extraction of cryptocurrencies, new data suggests. Despite persisting regulatory uncertainty and the negative effects of sanctions, the amount of power devoted to the sector has been growing, reaching record highs this year. 1 GW of Electrical Power
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Elon Musk’s recent move to replace the Twitter logo with a “Doge” meme resulted in a massive boost in DOGE social volumes. Traders hint at a possible price retracement ahead. Elon Musk created a storm in the crypto space earlier this week by changing the Twitter logo to a Shiba
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Blockchain technology has revolutionized the world of finance and digital transactions. With its decentralized, transparent, and secure architecture, it has become an essential component of the modern digital economy. However, as the popularity of cryptocurrencies and blockchain-based applications continues to rise, so does the need for effective tools to analyze,
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In a community call on Friday that CoinDesk attended, Jordan Reindl, a member of 1inch's community and governance team, proposed the protocol dilute the voting power of insiders who have received their full allotment of v1inch vesting tokens, a derivative token redeemable for 1inch. Conversely, v1inch tokens that remain locked
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Texas’ Bitcoin mining industry has shown growth amid turmoil in the crypto industry and concerns over power consumption. Power consumption of Bitcoin miners in the state has risen 75% over the past year. Some counties in the state of Texas have offered tax incentives along with wind and solar energy to miners. A
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