AMD Enhances AI Algorithm Efficiency with Innovative Depth Pruning Method

AMD introduces a new depth pruning method for AI models, optimizing CNN and Vision Transformer performance. (Read More)

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Bitdeer introduces energy-efficient Bitcoin mining chip

The chip will enhance Bitcoin mining performance, minimize power consumption, lower costs and reduce its environmental footprint.

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S&P Global joins Singapore's Project Guardian tokenization trials

The rating agency will provide its perspective on risk mitigation in tokenized fixed income transactions.

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NVIDIA CEO Jensen Huang Envisions AI-Powered Future for Electric Grids

NVIDIA CEO Jensen Huang discusses the transformative potential of AI in revolutionizing the electric grid at the Edison Electric Institute's annual meeting. (Read More)

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Harnessing AI for Sustainable Solutions: Opportunities and Challenges

Explore how AI can drive sustainability amidst rising energy demands and climate challenges. Experts discuss AI's potential, efficiency, and policy implications. (Read More)

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Study: Generative AI Could Add Trillions to Global Economy

A new report by McKinsey & Company suggests generative artificial intelligence (AI) technologies could boost global economic output by trillions of dollars annually. The study, titled “The Economic Potential of Generative AI” and published June 14, 2023, analyzes the impact AI tools like Chatgpt could have across sectors. McKinsey & Company Study: ‘Generative AI Is [...]

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Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025

Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or four hundred quintillion hashes per second. [...]

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Satoshi’s Math: How Bitcoin’s Use of Mathematical Tools Ensures System Consistency

Over 14 years ago, Satoshi Nakamoto unveiled the Bitcoin network to the world, creating the very first triple-entry bookkeeping system known to mankind. This technological wonder, with a current market value of $540 billion, ingeniously integrates encryption and mathematical formulas to fortify its security. In this exploration, we delve into two of the mathematical choices

The post Satoshi’s Math: How Bitcoin’s Use of Mathematical Tools Ensures System Consistency appeared first on BTC Ethereum Crypto Currency Blog.

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Innovative Heating Solutions: Bitcoin Miners Turning Heat Into Satoshis

In recent years, bitcoin miners have learned to reuse the heat generated by application-specific integrated circuit (ASIC) mining rigs. Recently, a Twitter account named “Rev.Hodl” demonstrated how a bitcoin miner was employed to dry laundry. While the clothes dryer serves to dry clean laundry, the machine also compensates the owner in satoshis. Bitcoin Mining’s Novel [...]

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5 countries leading the blockchain adoption

Discover the countries leading blockchain adoption with innovative solutions, supportive regulations and more.

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Terawulf Launches First Ever Nuclear-Powered Bitcoin Mining Operation

Terawulf announced the launch of the world's first fully nuclear-powered Bitcoin mining operation. Called Nautilus Cryptomine, the mining facility is powered by a 2.5 gigawatt nuclear plant and is a joint venture between Terawulf and Cumulus Coin. With access to abundant low-cost nuclear energy, Nautilus Cryptomine could represent a new model for highly efficient and profitable Bitcoin mining. The facility's nuclear power source could allow it to support a huge number of mining rigs and drastically reduce energy costs compared to renewable-powered or fossil fuel-powered mining operations.

<p>The post Terawulf Launches First Ever Nuclear-Powered Bitcoin Mining Operation first appeared on CCNC.</p>

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Saudi Aramco partners with droppGroup to explore Web3 technology

Saudi Aramco, the world's largest oil and gas company, has announced a partnership with blockchain technology company droppGroup to explore and co-develop a range of Web3 technologies. The collaboration aims to enhance the efficiency of Aramco's operations, improve employee experience, and create a more engaging and rewarding work environment. With the use of Web3 applications, including tokenized networks and incentives systems, the partnership is poised to transform the oil and gas industry.

<p>The post Saudi Aramco partners with droppGroup to explore Web3 technology first appeared on CCNC.</p>

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Boost Performance or Optimize Power Usage on AntMiner S9 and L3 ASIC Miners

The Bitmain AntMiner S9 series for Bitcoin (BTC) mining and AntMiner L3 series for Litecoin (LTC) or other Scrypt crypto coins re now legendary as although a bit old already they are still being used around the world and can still be nice to play around for various custom projects. You can pick these ASIC […]

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Supply Management: How Blockchain Enhances Traceability and Efficiency

Blockchain enhances supply chain management by providing a decentralised, secure ledger, ensuring transparency, authenticity, and traceability. Blockchain technology has shown promising applications far beyond the realm of finance. One such potential application is in supply chain management, a crucial business area ripe for modernization and enhanced efficiency. Blockchain in the Supply Chain At its core, […]

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Binance to Disable Multiple Old Deposit Addresses

Binance, the world's largest cryptocurrency exchange, is retiring selected deposit addresses and memos on various blockchains, including Ether, Tron, BNB, and Stellar, as part of its infrastructure upgrade. The exchange encourages impacted users to obtain new addresses and memos to enhance security and efficiency, and the migration is scheduled for April to June 2023. (Read More)

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University of Tokyo Leverages NVIDIA for Energy-Efficient Seismic Research

The University of Tokyo is using NVIDIA's Grace Hopper Superchip to enhance energy efficiency in seismic research, achieving substantial computational performance improvements. (Read More)

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Meta Cuts 10,000 Jobs and Refocus on Core Projects

Meta Platforms is cutting 10,000 jobs, cancelling lower-priority projects, and winding down efforts with non-fungible tokens on Facebook and Instagram.

The post Meta Cuts 10,000 Jobs and Refocus on Core Projects appeared first on BitPinas.

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9 key metrics to analyze the health of a bank

Discover nine crucial metrics to analyze bank health: equity, ROA, ROE, NPLs, CAR and more.

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Meta Announces 10,000 Layoffs in ‘Year of Efficiency’ Move; Singles Out AI Over Metaverse as ‘Largest Investment’

Meta, the social media company, will continue to shed part of its workforce, recently announcing 10,000 new layoffs to be executed during 2023 as part of its new efficiency policy. Mark Zuckerberg, CEO of the company, stated that artificial intelligence (AI) was currently the company’s most prominent investment, even over the metaverse. Meta Announces 10,000 [...]

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New Study Highlights Bitmain’s S19 Mining Rigs Dominate Bitcoin Network’s Hashrate 

Coin Metrics researchers published a groundbreaking study on June 13, unveiling an innovative nonce analysis methodology for bitcoin mining. This research enables experts to dissect and identify the specific mining rigs responsible for contributing hashrate to the network, while also evaluating the energy consumption and effectiveness of these machines. Intriguingly, the data reveals that Bitmain [...]

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