AI execs visit White House to discuss energy infrastructure
According to a Goldman Sachs report, the demand for electrical power in the United States will have grown by approximately 2.4% by 2030.
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According to a Goldman Sachs report, the demand for electrical power in the United States will have grown by approximately 2.4% by 2030.
Why Three-Phase electrical systems can offer a competitive advantage to miners with ASIC efficiency gains tapering off.
CyberLink PowerDirector, powered by NVIDIA RTX, now supports high-efficiency video coding (HEVC) for superior video quality and faster processing. (Read More)
Bitcoins price breakout could be delayed until October unless it manages to overcome the key $59,600 resistance.
Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the regions relatively low electricity costs
The same study correctly predicted Bitcoin price to reach $65,732 in 2021, a mere $1,050 price difference from the previous all-time high.
If the new proposal is approved, implementing the countrys crypto gains tax will be delayed by nearly seven years from its original schedule.
The chip will enhance Bitcoin mining performance, minimize power consumption, lower costs and reduce its environmental footprint.
Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp due to its capability to power generative AI applications with its high-performance computing.
Indiana plans to become a hub for the data center and crypto mining industries by promising uninterrupted, low-cost energy.
David Lawee, former vice president of corporate development at Google, will use his Web2 consumer experience to promote blockchain to the mainstream with Aptos.
The tokenization market is experiencing a significant turning point as major players like Blackrock, Multibank, and Telegram are stepping into the space. This move signifies a growing interest and investment in tokenized assets across various financial sectors. Blackrock, a global investment management firm, has expressed interest in exploring blockchain-based tokenization, which could bring more liquidity [...]
Power-intensive crypto mining is controversial in Paraguay, where an attempt at crypto regulation was vetoed because of it.
Cloud-based infrastructure provider, Validation Cloud, has recently integrated the Web3 AI engine developed by Hedera into their platform. This cutting-edge technology will enable Validation Cloud to offer advanced AI capabilities in their services. The Web3 AI engine by Hedera is a powerful tool that leverages artificial intelligence and machine learning algorithms to enhance the performance [...]
Artificial General Intelligence (AGI): Is Human-Like Thinking Within Reach? Artificial General Intelligence, also known as AGI, is the next frontier in the field of artificial intelligence. Unlike narrow AI, which is designed for specific tasks, AGI aims to replicate human-like thinking across a wide range of activities. But can AGI truly think like a human? [...]
This move follows a recent crackdown involving the confiscation of 2,000 cryptocurrency mining devices as part of an anti-corruption initiative.
The Solv RWA-Backed Bitcoin Yield Avalanche A new opportunity has emerged in the cryptocurrency market with the introduction of Solv RWA-backed Bitcoin yield. This innovative concept combines the stability of real-world assets with the potential for high returns that Bitcoin offers. By utilizing Solv’s RWA platform, investors can now access a secure way to earn [...]
Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to TeraWulfs Nazar Khan.
With Bitcoin back above $100,000, crypto analyst Leo Hart has released a 6-month roadmap on the flagship cryptos journey to new all-time highs (ATHs). The analyst predicted BTC could rally to as high as $188,000 by the sixth month. The Roadmap For Bitcoins Flight Plan To $188,000 In an X post, Leo Hart outlined Bitcoin’s flight to the moon plan for the next six months, during which he expects the flagship crypto to rally to $188,000. For stage one, which he dubbed the Maximum Power Law Trend Departure, the analyst stated that the target is $108,000, and predicts that BTC will reach this price level in the next two weeks. Related Reading: Bitcoin Price To $150,000: BTC Is Mirroring Bullish Fractal From 2020 He further explained that this Bitcoin price level is 36 days from the first quarter point in his mathematical calculation. The analyst also highlighted the green rectangle near the Power Law Trend in his accompanying chart, which shows the maximum deviation from the PLT. For the second stage, Maximum Absolute Wave Height (MAWH), Leo Hart stated that Bitcoin’s target at this stage is $145,500, and the timeline is two months. This means that BTC can reach this target by July, which would mark a new ATH for the flagship crypto. The analyst noted that this price target is the peak, represented by the horizontal tangent to the upper boundary in the chart. The third stage is the Red Zone Entry Point (RZEP), and the target is $188,000. Bitcoin is expected to reach this price level in the next four months. However, the analyst didnt explain why BTC can hit this price level. Meanwhile, he also mentioned a fourth stage called Zero Gravity and Re-entry. He explained that beyond stage 3, market participants will enter a zero-gravity phase with unknown parameters, followed by the descent from orbit, hinting at a potential price crash. BTCs Journey To A New ATH Has Begun Crypto analyst Rekt Capital indicated that Bitcoins journey to a new all-time high has begun. In an X post, he noted that BTC has rejected from the $104,500 level, which was part of his initial theory on how the flagship crypto could reach a new ATH. Related Reading: Bitcoin Price Flashes Signal That Has Led To A Surge Every Time Following this rejection, the analyst predicts that the next step is for Bitcoin to hold the $97,000 to $99,000 range as support. Once that happens, he expects the flagship crypto to break out to new ATHs. His accompanying chart suggested that BTC could rally to $110,000 in the short term. Crypto analyst Titan of Crypto also confirmed that the $135,000 target is still in play for 2025. At the time of writing, the Bitcoin price is trading at around $103,400, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com
Redotpay Launches Cryptocurrency Payment Cards in South Korea Redotpay recently introduced a revolutionary payment solution in the form of cryptocurrency payment cards in South Korea. This new technology merges traditional finance with the innovative world of digital currencies, providing users with a convenient and secure way to make transactions. These cryptocurrency payment cards allow users [...]
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