So the end of the video they say that the requirements for AI are completely different from crypto mining. Thanks guys.

@yousefshnaiwer6936

Ай бұрын

But using the older equipment no longer in use for crypto mining, you can build very powerful AI machines. This was the whole point of the video, wasn't it?

@satnik21

Ай бұрын

Bitcoin ≠ Crypto

@davidmella1174

Ай бұрын

@@yousefshnaiwer6936 bitcoin miners are highly specialized and can't do anything else besides mine. Once the profit for the rate at which they mine new bitcoin per unit of power drops below the cost of that power, the machine runs at a net loss.

@djgodigod

Ай бұрын

@@yousefshnaiwer6936 No, the video specifically says that the mining machines can not be repurposed for anything. The only "advantage" the mining CEO claims is knowing how to select and set up server locations which is zero advantage.

@yousefshnaiwer6936

Ай бұрын

@@djgodigod I agree with you that is what he claims. I just do not see (and it is not stated clearly in the video) why these machines cannot be repurposed. Especially that the data miners need to change their equipment much faster now, the older machines have not been exhausted by data mining yet when they are replaced. Is this related to how they are programmed and/or connected?

I'm sorry, but this video is a total letdown. It feels like the production team just tossed some random information together with flashy editing to grab attention. Where's the respect for the viewers? Quite disappointing!!

@Casualgaming-dw5gm

Ай бұрын

I thought I was the only feeling that before reading the comments.

@user-um7tw6kx4r6

Ай бұрын

They just don't really know anything so they use a lot of annoying fillers. Imagine this is Bloomberg smh

Looks like Bloomberg outsourced their video writing to ChatGPT 3

imagine combining a cryptobro and an ai-bro

@samst.germain6488

2 ай бұрын

I can smell the stench from here

@realityos

2 ай бұрын

There is a large overlap.

@fosterslover

2 ай бұрын

I mean, they are one and the same.

@merridius2006

2 ай бұрын

You don’t need to combine, they are already the same person

@TheXZ111

2 ай бұрын

aicryp bro

No sense the argument….. both are place in the same kind of data center as any other cloud service. I would say that mining can join forces with electric vehicles because both consumes electricity…. I think minings are trying to find a way out.

@sungjane

Ай бұрын

"One fish, two meals"

Almost every KZread post nowadays are on stocks and bitcoin. Do regular people actually make real money from them or is this some sort of ponzi scheme or bet?

AI is 100x harder than bitcoin mining, its not just compute power left over from bitcoin and the machines used to run AI models are not the same as the bitcoin mining rigs, it more complex and there is not guaranteed return like bitcoin. Its like a Textile or a Candy factory trying to repurpose their machine to start manufacturing vehicles.

@michaelpapadopoulos6054

Ай бұрын

THANK YOU! What would be revolutionary would be a way to use ai training as the proof of work for a cryptocurrency. a way to have a quick enough blockchain, in the order of 1 block minted per second minimum where the work is also useful vector arithmetic chunks for ai training. One could pay in crypto to have his neural network trained by the miners giving the currency a reason for existing and reducing the carbon footprint to zero since the work done is not wasted.

@davidmella1174

Ай бұрын

@@michaelpapadopoulos6054 there's literally no point. It would be more efficient if a centralized source did all those computations if you paid them.

@jonathanodude6660

Ай бұрын

Pay attention to what the people involved are saying. the crypto miners are not in the business of AI model training, theyre selling their old capacity to established AI companies or acting as a middleman between serverfarms and AI companies. there were 0 businesses in this video which were both mining crypto and also working on their own AI.

@wffff2

Ай бұрын

"Textile or a Candy factory trying to repurpose their machine to start manufacturing vehicles" Sweet, why not? they both involve machines that spin. I see that they have a lot in common. LLM's inference is essentially many TFLOPS of multiplications. Doing terahash requires even more steps.

@jonathanodude6660

Ай бұрын

@@wffff2 I’m pretty sure that’s what actually happened during WWII 😂 so there was competition to produce the sweets and candies for war rations in order to avoid your factory being mandatorily repurposed.

great, thanks for the advice

Mining has reached a new level of development

Akash is an AI coin that uses people's mining rigs as a way to rent out computing power to people and companies. This is huge and I think it will be a gamechanger.

@hereafter79

Ай бұрын

One of the biggest upsides out of any project out there

Iceland Bitcoin mining, Bond villain's side hussle

As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Pamela Frederick insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings, managed to grow a nest egg of around 127k to a decent 632k. Kudos to the journey ahead!

@philipdefranco6503

Ай бұрын

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience.

@Michaelbuckley699

Ай бұрын

SHE'S MOSTLY ON TELEGRAMS, USING THE USERNAME

@Michaelbuckley699

Ай бұрын

@ Pamela304 ...... THAT IS IT

@shanedawson4022

Ай бұрын

Pamela Frederick is a highly knowledgeable and level-headed signal provider, delivering solutions above expectations

@TylerOakley54

Ай бұрын

Really you guys know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

A.I coins will perform phenomenally well. - Ocean, Grt, Fet, Rndr, Injective

Just found out that Open AI has combed the whole Internet, who needs the computational power ?

As always, he who sells shovels makes the real money.

Sponge V2 unphased in this dip, think it’s still got room to run🏃‍♂📈

wait until emad (former stability AI CEO) enter the stage connecting those miners to 3rd world country in need for AI for their infrastructure.

By YouSum Live 00:00:10 Bitcoin's resilience and growth amid challenges. 00:00:31 The significance and impact of The Halving event. 00:01:00 Evolution from Bitcoin mining to AI ventures. 00:02:51 Necessity for constant hardware upgrades in mining. 00:04:06 Economic implications and challenges in mining operations. 00:05:04 Diversification into AI for sustainability and growth. 00:06:11 Competition and hurdles in transitioning to AI. 00:06:42 Adapting to new fields requires expertise and fresh talent. 00:07:13 Uncertain yet promising future in crypto and AI. By YouSum Live

I like the fresh soundtrack!

So they are moving from prospecting for gold to real estate

A truly cursed pairing

@jensenraylight8011

2 ай бұрын

Yeah, both are notoriously being used by Scammers with those Unholy Combination, now Scammers can scam you with way more efficiency

@astroboirap

2 ай бұрын

like israel and america

@LightForxes

Ай бұрын

@@astroboirap Also Islamic countries like the Gulf arab states

@SemGabelko

Ай бұрын

@@LightForxes True, this whole world now is just about hype and marketing. So much fake bs

Amazing

here we go again, the top is in

Interesting

😂 Media people like to conjure interesting things . I like it

Butter-butter cake😎

شكر علي النصيحة

What does AI VERTICAL MEAN??

Should I dive into 5thscape? 🚀🤔

Onwards.

AI- and Bitcoin-centric data centers should be required (and incentivized) to source their own clean power going forward. If they’ll continue to play an outsized role in driving the generation and consumption of energy in decades to come, it should _not_ come at a continual cost increase to the rest of us.

@ecoideazventures6417

Ай бұрын

Yes exactly, renewable energy has enormous intermittency and it produces too much power sometimes

@sungjane

Ай бұрын

"One fish, two meals"

@brandonhunter3036

Ай бұрын

@@ecoideazventures6417 I’m including fission power. Clean enough.

🤦🏻‍♂️

Smartblocks

1:53 Sonali looks AMAZING!!!!!!!!!! 😍🥰

Nice I mostly c video

That sounds like the ultimate scammer

@sungjane

Ай бұрын

"One fish, two meals"

this is the exact combination we don't need

Yes

imagine calling your gpu farms a fleet, with a binocular on his neck🤣

Shiny new toy syndrome😂

Who wrote this script, ChatGPT?

Sam tabar

When it comes to wasting energy both are top-notch and together they could harm nature even more efficient!

How many bitcoins are lost forever?

If Bitcoin mining is less attractive to mine it may collapse in my opinion

@davidmella1174

Ай бұрын

less people could mine but the mining difficulty will adjust accordingly, bringing things back to the previous rate of blocks being mined.

Bitcoin is warming the planet, exactly what AI wants.😂

as a person totally ignorant of what 'halving' means in cryptospeach, I was hoping for some kind of explanation

Scammers gotta scam

@kasseen

2 ай бұрын

L

Please stop spamming women "journalists" when it comes to AI and Crypto matters. We know that's a lie and they're just reading a text.

@NyanyiC

Ай бұрын

So are you saying that women can't be knowledgeable on both matters?

@alainportant6412

Ай бұрын

@@NyanyiC They can learn enough and parrot enough to find a husband in said industries but they simply don't care enough and don't have the cognitive abilities to do anything truly meaningful in either of those fields. It is what it is, same thing with chess just lookup the rankings.

Ring ai 1000x

Great job on the video! Dogecoin 20's got people talking, hasn't it? 🐕🗣

one is the most useful technology in the 21st century, the other is the most useless, I think we all know which is which 😂

99 Bitcoins community is buzzing! Could be a sign of things to come 👀📈

"I totally want to overheat the planet with computers doing math problems just so some nerds can buy drugs" SAID ABSOLUTELY NOBODY EVER

Thanks for creating content about subjects you have no clue what they actually are, you made a great contribution to global warming.

A

6 minutes to get to the point! And then dissect your headline! Disappointing.

By 2030 AI is going to mine humans I hope they start with the elites from the top down AI pls take out the trash first 😂

what,s the purpose of this video?

@st.charlesofaberdeen154

Ай бұрын

What is your purpose?

Wrong

Well, AI can also join forces with Bitconeeeeeeeeeect! It has nearly the same value (0)

I cant imagine what will happen from them putting a big hot data centre in iceland just so their machines can get cooled down naturally? Wont this rise the surrounding temperature if its a big centre and ruin that place as well? Just keep moving to a new clean cold place ig.

@varunmenon7887

2 ай бұрын

to think such a thought ever croseed a mining firms mind

LOL so many people in the comments are having fun staying poor!

Let's talk about why they shouldn't and why no one actually needs it and how with all the global warming issues we are using electricity to 'mine' a coin that is a waist of energy

How video editing and bullshitting could join forces.

Join forces to make me money at the expense of civilization 🧛

@jadenpark7943

2 ай бұрын

socialist

@JohnBaroshi

2 ай бұрын

Thanos

@broad603

2 ай бұрын

@@jadenpark7943and what are you? Def not a capitalist because you’d need capital and own an industry to be one bootlicker

_ICT🌤10AM May 11th 2024_

So Bitcoin is not a scam anymore? Is not going to zero anymore? 😂😂 Media clowns

Cryto slaughter starting now. I have been pounding the table all week for people to sell. This is awesome news and billions and billions of money will be freed up for AMC and WW next week.

@dlanor15

Ай бұрын

No one cares about AMC. Wake up from your delusions.

Sigh. More desperate attempts to tie the lost hype of crypto with the new hotness of AI, even though a) halvenings aren’t new; b) it’s a facile comparison to gush about crypto being like the California gold rush; c) there is hardly a more poor fit between technologies than what blockchains do and what AI needs.

Oh wow, the comments box is full of bitcoin haters, I thought that was a thing of the past

@wagmi614

Ай бұрын

they'll buy our bags higher

Be wary of the killer whales you really need to know how to swim killer whales prey on even the greatest shark

This was a waste of time.

Didnt know minors could produce coins

Bit-con

It's killing our environment but who cares as long as people are getting rich.

@broad603

2 ай бұрын

capitalism

@Dunnj13

2 ай бұрын

False

@genocidelves

2 ай бұрын

Its what's saving the environment.

@magyararon6918

Ай бұрын

paper rich

Fake create more Fake

@soyboyd4139

2 ай бұрын

So is paper money

@rgen28

Ай бұрын

@@soyboyd4139 so everything is fake. including your statement

@soyboyd4139

Ай бұрын

@@rgen28 You do know the government literally print money out of thin air, which basically cause inflation. There’s your lil basic economic…

@soyboyd4139

Ай бұрын

@@rgen28 Money printing out of thin air cause inflation. Basic economic knowledge

@soyboyd4139

Ай бұрын

@@rgen28 Nope. Money printing out of thin air from the gov causes inflation. Economic knowledge you must know

Stack and hodl

Bitcoin ≠ crypto

When people say : bitcoin has no intrinsic value. Okay make me a bitcoin then. This video shows how hard it is and once it is minted it can only hold value.

You guys need to do a better job removing bias from this type of content if you want to be taken seriously. Opening chart starting in 2021 is misleading "Bounce back" lol it's the best performing asset in history.

Cringe

*How Bitcoin's Halving Could Boost the AI Business* : It couldn't. Saved you 7:36 minutes. What a horrible video.

Worthy of a dislike.

You can't limit something that's digital.

@kasseen

2 ай бұрын

you don't fully understand Bitcoin then

@RubiConobi-lg3kg

2 ай бұрын

What you say gets straight to the point. There is no no way to make something digital scare. That is until the invention of blockchains.

@activision4170

Ай бұрын

Value = min (value, 100) Wow would you look at that, I limited something digital

The concept of proof-of-work in Bitcoin mining is a key component of the blockchain technology that powers the cryptocurrency. This video did a great job of breaking down the complexities of mining and explaining why it's essential for maintaining the integrity of the network.

Amazing