How Bitcoin's Halving Could Boost the AI Business

Рет қаралды 118,065

Ай бұрын

On the horizon is a preordained event that will change the business of Bitcoin forever. It’s called The Halving, and once it occurs the potential balance sheet of every Bitcoin miner is cut in half. Companies are doing everything they can to prepare for it, including moving away from crypto and in some cases into an even newer field: artificial intelligence.
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Пікірлер: 182

@djgodigod Ай бұрын

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?

@shayannheydari Ай бұрын

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

@AliciaSykes Ай бұрын

Looks like Bloomberg outsourced their video writing to ChatGPT 3

@TheBiggestRedPandaFan Ай бұрын

imagine combining a cryptobro and an ai-bro

@samst.germain6488 Ай бұрын

I can smell the stench from here

@realityos Ай бұрын

There is a large overlap.

@fosterslover Ай бұрын

I mean, they are one and the same.

@merridius2006 Ай бұрын

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

@TheXZ111 Ай бұрын

aicryp bro

@smartmorales9688 Ай бұрын

Almost every KZfaq 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?

@lrpreda Ай бұрын

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"

@louiemalim3394 Ай бұрын

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.

@arturusyk5834 Ай бұрын

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

@HarryPhillips-du9su Ай бұрын

Mining has reached a new level of development

@eklim2034 Ай бұрын

Iceland Bitcoin mining, Bond villain's side hussle

@skullka Ай бұрын

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

@DouglasLynch-rk6jq Ай бұрын

great, thanks for the advice

@staceyjanemcwallace4147 Ай бұрын

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

@Michaelbuckley699 Ай бұрын

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

@mikendere Ай бұрын

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

@girishgaurav7130 Ай бұрын

So they are moving from prospecting for gold to real estate

@KatherineSmith-pe5gf Ай бұрын

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

@alexsmith-rs6zq Ай бұрын

A truly cursed pairing

@jensenraylight8011 Ай бұрын

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

@astroboirap 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

@puffinjuice Ай бұрын

I like the fresh soundtrack!

@RickySupriyadi Ай бұрын

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

@shemkipruto4394 Ай бұрын

What does AI VERTICAL MEAN??

@kwesidamalie8772 Ай бұрын

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

@axk2079 Ай бұрын

here we go again, the top is in

@aliirtaza2201 15 күн бұрын

Amazing

@Lucia76846 Ай бұрын

Should I dive into 5thscape? 🚀🤔

@CreatedbyMrMoe Ай бұрын

Interesting

@gaeldesmontagnesnoires1711 Ай бұрын

Onwards.

@brandonhunter3036 Ай бұрын

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.

@ReflectionOcean Ай бұрын

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

@mack-uv6gn Ай бұрын

🤦🏻‍♂️

@MaRk-kl9tx Ай бұрын

Butter-butter cake😎

@user-in5pm6bl7u 20 күн бұрын

شكر علي النصيحة

@DragonKingGaav Ай бұрын

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

@robertburton432 Ай бұрын

Smartblocks

@dxtxzbunchanumbers Ай бұрын

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

@mobilehardwaresoftwaresolu4008 8 күн бұрын

Nice I mostly c video

@bobfearnley5724 Ай бұрын

That sounds like the ultimate scammer

@sungjane Ай бұрын

"One fish, two meals"

@TheXZ111 Ай бұрын

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

@worldfamous260dewitt Ай бұрын

Yes

@ChristopherFalletta-rh9jf Ай бұрын

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.

@andrewweaver2517 Ай бұрын

How many bitcoins are lost forever?

@jrobinson2095 Ай бұрын

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

@laurap239 Ай бұрын

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

@rohanexists1879 Ай бұрын

this is the exact combination we don't need

@godblessCL Ай бұрын

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

@andy68686 Ай бұрын

Who wrote this script, ChatGPT?

@alainportant6412 Ай бұрын

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.

@isaaceigbiremolen1825 Ай бұрын

Shiny new toy syndrome😂

@Albertas-pb7nq Ай бұрын

Ring ai 1000x

@vincentcollins1017 Ай бұрын

what,s the purpose of this video?

@st.charlesofaberdeen154 Ай бұрын

What is your purpose?

@Apenschi Ай бұрын

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

@raulmartinez429 Ай бұрын

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 😂

@MossdBoss Ай бұрын

Sam tabar

@StylishHobo Ай бұрын

Scammers gotta scam

@kasseen Ай бұрын

@vooteimer1234 Ай бұрын

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

@jadenpark7943 Ай бұрын

socialist

@JohnBaroshi Ай бұрын

Thanos

@broad603 Ай бұрын

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

@SamanthaJohns-bb4zk Ай бұрын

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

@HootanHM Ай бұрын

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

@TheCebulon Ай бұрын

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

@johnmccain3877 Ай бұрын

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

@alberthameed7023 Ай бұрын

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

@masterstacks2030 Ай бұрын

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

@johnchen0213 Ай бұрын

How video editing and bullshitting could join forces.

@brucewallner6753 Ай бұрын

Wrong

@1972mafia Ай бұрын

@rohan_gupta Ай бұрын

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 Ай бұрын

to think such a thought ever croseed a mining firms mind

@entropyachieved750 Ай бұрын

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

@c.e.7589 Ай бұрын

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

@jwolpert Ай бұрын

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.

@elvisvan 26 күн бұрын

_ICT🌤10AM May 11th 2024_

@joelsnake8 Ай бұрын

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

@quinnmack Ай бұрын

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.

@RoBearTheBrave Ай бұрын

This was a waste of time.

@yada769 Ай бұрын

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

@zzzlap Ай бұрын

Didnt know minors could produce coins

@wm6746 Ай бұрын

Bit-con

@rgen28 Ай бұрын

Fake create more Fake

@soyboyd4139 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

@satnik21 Ай бұрын

Bitcoin ≠ crypto

@dannyadams2211 Ай бұрын

Cringe

@Nimbus2k_rider Ай бұрын

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

@broad603 Ай бұрын

capitalism

@Dunnj13 Ай бұрын

False

@genocidelves Ай бұрын

Its what's saving the environment.

@magyararon6918 Ай бұрын

paper rich

@keybrent64 Ай бұрын

Stack and hodl

@dlanor15 Ай бұрын

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

@scone7 Ай бұрын

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.

@BryanKerr1 Ай бұрын

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.

@antoniosholomko Ай бұрын

Worthy of a dislike.

@Otter-Destruction Ай бұрын

You can't limit something that's digital.

@kasseen Ай бұрын

you don't fully understand Bitcoin then

@RubiConobi-lg3kg 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

@BTC_Private_Key_Generator Ай бұрын

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.