The findings have an echo of De Vries’ previous criticisms of Bitcoin, which have hitherto centered on the electricity usage of bitcoin mining. His tech research site Digiconomist, for example, keeps a log of the footprint of each bitcoin transaction, putting it on par with “808,554 Visa transactions or 60,802 hours of watching Youtube.”
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...
Historically, institutions have hesitated to move on-chain due to regulatory risks. However, with bitcoin ETF AUM inflows on track to...
“If you ask five people: 'What is Bittensor?' You will get five different answers,” Silbert, a cryptocurrency OG investor and...
“I don't think the competition for power from AI facilities will significantly impact hashprice,” Mellerud said. “The Bitcoin mining network...
Applications for this technology span finance, data sharing, education, and beyond. For instance, platforms like Genius Terminal use agents for...
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