How Bitcoin's Halving Could Boost the AI Business

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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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Опубликовано:

8 апр 2024

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Комментарии : 178

@djgodigod Месяц назад

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

@yousefshnaiwer6936 Месяц назад

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 Месяц назад

Bitcoin ≠ Crypto

@davidmella1174 Месяц назад

@@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 Месяц назад

@@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 Месяц назад

@@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 Месяц назад

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 Месяц назад

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

@user-um7tw6kx4r6 28 дней назад

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

@AliciaSykes Месяц назад

Looks like Bloomberg outsourced their video writing to ChatGPT 3

@DmitriiPovar Месяц назад

imagine combining a cryptobro and an ai-bro

@samst.germain6488 Месяц назад

I can smell the stench from here

@realityos Месяц назад

There is a large overlap.

@fosterslover Месяц назад

I mean, they are one and the same.

@merridius2006 Месяц назад

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

@TheXZ111 Месяц назад

aicryp bro

@lrpreda Месяц назад

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 Месяц назад

"One fish, two meals"

@RexxieJiggy 28 дней назад

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 28 дней назад

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.

@RexxieJiggy 28 дней назад

SHE'S MOSTLY ON TELEGRAMS, USING THE USERNAME

@RexxieJiggy 28 дней назад

@ Pamela304 ...... THAT IS IT

@shanedawson4022 28 дней назад

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

@Rubenh198 28 дней назад

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

@louiemalim3394 Месяц назад

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 Месяц назад

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 Месяц назад

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

@jonathanodude6660 Месяц назад

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 Месяц назад

"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 28 дней назад

@@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 Месяц назад

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 27 дней назад

One of the biggest upsides out of any project out there

@smartmorales9688 18 дней назад

Almost every RU-vid 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?

@eklim2034 Месяц назад

Iceland Bitcoin mining, Bond villain's side hussle

@HarryPhillips-du9su 19 дней назад

Mining has reached a new level of development

@alexsmith-rs6zq Месяц назад

A truly cursed pairing

@jensenraylight8011 Месяц назад

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

@astroboirap Месяц назад

like israel and america

@LightForxes Месяц назад

@@astroboirap Also Islamic countries like the Gulf arab states

@SemGabelko Месяц назад

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

@RickySupriyadi Месяц назад

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

@KatherineSmith-pe5gf 28 дней назад

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

@mikendere Месяц назад

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

@staceyjanemcwallace4147 25 дней назад

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

@skullka Месяц назад

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

@girishgaurav7130 Месяц назад

So they are moving from prospecting for gold to real estate

@brandonhunter3036 Месяц назад

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 Месяц назад

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

@sungjane Месяц назад

"One fish, two meals"

@brandonhunter3036 Месяц назад

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

@shemkipruto4394 Месяц назад

What does AI VERTICAL MEAN??

@puffinjuice Месяц назад

I like the fresh soundtrack!

@ReflectionOcean 23 дня назад

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

@Lucia76846 Месяц назад

Should I dive into 5thscape? 🚀🤔

@kwesidamalie8772 Месяц назад

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

@DragonKingGaav Месяц назад

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

@mack-uv6gn Месяц назад

🤦🏻‍♂️

@axk2079 Месяц назад

here we go again, the top is in

@DouglasLynch-rk6jq 16 дней назад

great, thanks for the advice

@gaeldesmontagnesnoires1711 Месяц назад

Onwards.

@CreatedbyMrMoe Месяц назад

Interesting

@godblessCL Месяц назад

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

@bobfearnley5724 Месяц назад

That sounds like the ultimate scammer

@sungjane Месяц назад

"One fish, two meals"

@MaRk-kl9tx 28 дней назад

Butter-butter cake😎

@StylishHobo Месяц назад

Scammers gotta scam

@kasseen Месяц назад

@TheCebulon Месяц назад

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

@robertburton432 Месяц назад

Smartblocks

@TheXZ111 Месяц назад

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

@ChristopherFalletta-rh9jf Месяц назад

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

@davidmella1174 Месяц назад

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

@jrobinson2095 Месяц назад

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

@rohanexists1879 Месяц назад

this is the exact combination we don't need

@andy68686 Месяц назад

Who wrote this script, ChatGPT?

@vooteimer1234 Месяц назад

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

@jadenpark7943 Месяц назад

socialist

@JohnBaroshi Месяц назад

Thanos

@broad603 Месяц назад

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

@alainportant6412 Месяц назад

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 Месяц назад

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

@alainportant6412 Месяц назад

@@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 Месяц назад

Shiny new toy syndrome😂

@andrewweaver2517 Месяц назад

How many bitcoins are lost forever?

@Apenschi Месяц назад

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

@johnmccain3877 Месяц назад

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

@dxtxzbunchanumbers Месяц назад

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

@entropyachieved750 Месяц назад

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

@laurap239 Месяц назад

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

@worldfamous260dewitt Месяц назад

Yes

@vincentcollins1017 Месяц назад

what,s the purpose of this video?

@st.charlesofaberdeen154 28 дней назад

What is your purpose?

@Albertas-pb7nq 29 дней назад

Ring ai 1000x

@raulmartinez429 Месяц назад

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 😂

@HootanHM Месяц назад

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

@jwolpert Месяц назад

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.

@alberthameed7023 Месяц назад

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

@MossdBoss Месяц назад

Sam tabar

@brucewallner6753 22 дня назад

Wrong

@SamanthaJohns-bb4zk Месяц назад

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

@joelsnake8 Месяц назад

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

@wagmi614 Месяц назад

they'll buy our bags higher

@rohan_gupta Месяц назад

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 Месяц назад

to think such a thought ever croseed a mining firms mind

@johnchen0213 Месяц назад

How video editing and bullshitting could join forces.

@masterstacks2030 Месяц назад

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

@c.e.7589 Месяц назад

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

@quinnmack Месяц назад

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 Месяц назад

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

@RoBearTheBrave Месяц назад

This was a waste of time.

@elvisvan 4 дня назад

_ICT🌤10AM May 11th 2024_

@1972mafia 28 дней назад

@satnik21 Месяц назад

Bitcoin ≠ crypto

@Nimbus2k_rider Месяц назад

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

@broad603 Месяц назад

capitalism

@Dunnj13 Месяц назад

False

@Kody-qi3jr Месяц назад

Its what's saving the environment.

@magyararon6918 Месяц назад

paper rich

@BryanKerr1 Месяц назад

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.

@scone7 Месяц назад

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.

@zzzlap Месяц назад

Didnt know minors could produce coins

@yada769 Месяц назад

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

@dlanor15 Месяц назад

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

@keybrent64 Месяц назад

Stack and hodl

@wm6746 Месяц назад

Bit-con

@rgen28 Месяц назад

Fake create more Fake

@soyboyd4139 Месяц назад

So is paper money

@rgen28 Месяц назад

@@soyboyd4139 so everything is fake. including your statement

@soyboyd4139 Месяц назад

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

@soyboyd4139 Месяц назад

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

@soyboyd4139 Месяц назад

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

@dannyadams2211 Месяц назад

Cringe

@antoniosholomko Месяц назад

Worthy of a dislike.

@Otter-Destruction Месяц назад

You can't limit something that's digital.

@kasseen Месяц назад

you don't fully understand Bitcoin then

@RubiConobi-lg3kg Месяц назад

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 19 дней назад

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

@BTC_Private_Key_Generator Месяц назад

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.