Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security. He highlights that quantum computers could solve problems foundational to digital signatures, compromising user assets on blockchain platforms. To mitigate these risks, Sala emphasizes the need to transition to quantum-resistant cryptographic systems. He […]
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ceτi AI Acquires Big Energy Investments Inc. to Boost Its High-Performance Computing Capabilities in North America
PRESS RELEASE. Vancouver, Canada — April 18th, 2024 – ceτi AI, a leader in decentralized artificial intelligence infrastructure, is pleased to announce its acquisition of Canadian company Big Energy Investments Inc., a firm specializing in strategic investment in high-performance computing infrastructure. This acquisition marks a significant first step in ceτi AI’s strategy to advance the […]
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Bitcoin Miner Hive Diversifies Into AI, Acquires 96 Nvidia GPUs to Boost High-Performance Computing Operations
On Friday, Hive Digital, based in Vancouver and specializing in bitcoin mining and high-performance computing (HPC), announced its foray into artificial intelligence (AI) and HPC technologies. This strategic move involves acquiring 96 Nvidia H100 graphics processing units (GPUs).
From Bitcoin Mining to AI Expansion: Hive Digital Acquires Nvidia GPUs for HPC Enhancement
Hive Digital (Nasdaq: HIVE), elaborated on its strategy to incorporate these GPUs into a dozen HGX servers. Each server will be equipped with eight H100 GPUs featuring SXM connectivity. This initiative is set to enhance Hive’s existing GPU division, which presently operates 2,600 GPUs in partnership with HPC platforms.
The recent addition enables clients to access Hive’s Nvidia GPUs for various timeframes. Frank Holmes, Hive’s executive chairman, emphasized the company’s shift from exclusive crypto-mining to a broadened strategy encompassing diverse GPU applications.
“With our proven track record of operating massive fleets of GPUs, Hive is in an excellent position to be a leader in the AI infrastructure revolution,” Holmes said. “Put simply, we have been building Hive’s GPU and AI business unit to be the ultimate AI infrastructure pick and shovel play.”
This decision by Hive Digital aligns with a trend among bitcoin mining companies venturing into AI technology. Peers like Northern Data and Iris Energy have also invested in Nvidia H100 GPUs, targeting the burgeoning generative AI market.
Since the outset of 2023, the AI industry has experienced exponential growth, with billions invested and soaring demand for this technology. Aydin Kilic, CEO of Hive, noted that the newly acquired GPUs are already operational in Sweden, Quebec, and Montreal.
Kilic, speaking on Friday, described the nuances of GPU operation for HPC applications compared to crypto mining. “While crypto mining is about being efficient and ensuring you’re maximizing the use of energy allocated to ASIC hashing, operating GPUs for HPC applications requires a robust and redundant network and energy infrastructure,” he explained.
Kilic further highlighted the strategic deployment of the company’s Nvidia GPU fleet. In their Boden data center, approximately 3,000 GPUs have been repurposed for lighter HPC tasks, while others are dedicated to mining GPU-friendly altcoins.
What do you think about the bitcoin miners like Hive getting into the AI industry? Share your thoughts and opinions about this subject in the comments section below.
SAI․TECH Press Conference Reveals Plans to Boost AI and BTC Computing Power, Expand Into Nuclear SMR and DEX Technology
PRESS RELEASE. SINGAPORE – SAI.TECH Global Corporation, a clean-tech company specializing in Bitcoin mining, heating, and power industry, hosted its virtual corporate annual conference, SAITIME 2023 on April 20th at 08:30 EST. The virtual conference was hosted by founder & CEO Arthur Lee and was live-streamed on YouTube and Zoom. Live tweets and discussions were also hosted on Twitter.
The conference featured the consolidation of the SAIHUB solution, which aims to build a cleaner world through the green transition of the computing industry and the research and promotion of small modular reactors(SMR), a more energy-efficient industry through liquid cooling and the reuse of chip heat, and a more connected world through digitization. The endeavor to consolidate the SAIHUB solution includes the launch of ULTIAAS, BOLTBIT, and HEATNUC.
ULTIAAS, SAI.TECH’s main product lineup comes to light as a realization of its Arthur Lee’s vision for a cleaner and more efficient world driven by computing and energy efficiency.
SAI.TECH realizes that while possessing huge potential, chip heat is regarded as a byproduct that often goes wasted. And air-cooling, the prevalent cooling method in the industry, is beset with numerous problems like noise, maintenance difficulties, and environmental restraints. Most importantly, it is not designed with the capability to unleash the potential of chip heat.
ULTIAAS focuses on providing customers with hardware and software products that are designed to not only maximize computing potency, but also to boost energy efficiency in the process by putting chip heat into use in agricultural, industrial, and commercial settings. This is made possible by the different liquid cooling methods we’ve embedded in our computing infrastructure models to suit different needs.
Liquid cooling makes computing cleaner by reducing carbon emissions, noise, and dust, and by giving operators the ability to recover heat. Reducing energy demand for heat. It also reduces costs in maintenance and deployment.
ULTIAAS’s current fleet of products includes the CAB, a computing infrastructure unit suited for indoor deployment, and is equipped with a heavy-duty boiler to provide heat in hotels, shopping centers, and other commercial settings. The SAIHUB app, a mobile app that makes managing servers, heat recycling, and digital assets effortless for customers.
The BOX series is a lineup of computing infrastructure units designed for outdoor deployment. All equipped with immersion and rack-mounted liquid cooling and fitted inside standard 20ft containers, the BOXs are capable of high-performance computing under temperatures ranging from -40°F to 122°F.
The different models of the PCB are designed respectively to the 4U & 2U standards. TANKPCB & RACKPCB are purposed respectively for immersion liquid cooling and rack-mounted liquid cooling. By the rollout of the two servers, ULTIAAS aims to piece the puzzle of its holistic computing solutions and also set a trend toward industry-wide standardization in alignment with IDC standards. Through standardization, we will be able to optimize cost, efficiency, and safety from manufacturing to operation for the computing industry as a whole.
The operation component of UTIAAS aims at reimagining data centers, by efficiently utilizing chip heat in agricultural, commercial, residential, and industrial activities. Upon the success of SAI NODE Ohio, our first operation project landed out of Chesterland, Ohio, where we had successfully grown produce using heat recycled from computing activities. Our second operation site is currently under construction also in Ohio, as we hope to tap into the state’s enormous reservoirs of clean energy.
The two strategic incubating projects, BOLTBIT and HEATNUC, are aimed at expanding the business of upstream and downstream industries. BOLTBIT focuses on providing decentralized transaction system services and technical support based on blockchain and lightning network technology, while HEATNUC focuses on the research and promotion of small modular reactors.
About SAI.TECH
SAI.TECH is a Nasdaq listed (SAI) Sustainable Bitverse Operator. Headquartered in Singapore, SAI has three core businesses. ULTIAAS is dedicated to providing clean computing services based on liquid cooling and chip waste heat utilization technology for bitcoin mining and AI computing; HEATNUC is dedicated to providing zero-carbon energy system based on Small Modular Reactor and heat pump combined power supply technology for cities and countries; BOLTBIT is dedicated to providing decentralized transaction system based on blockchain and lightning network technology.
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How StrongNode.io Optimizes Edge Computing Network Through a Unique Gaming Platform with Social Impact
StrongNode.io is pushing the envelope of what edge computing can mean to a community by incubating and launching a humanitarian gaming project called Original Gamer Life. As StrongNode pursues its mission to harness unused GPU and CPU cycles to help leverage the power of blockchain technology, it is at the same time harnessing the power of gaming and the concept of play-to-earn (P2E) to improve the financial and mental health of those whose quality of life can benefit from such an enterprise.
The up and coming project Original Gamer Life, otherwise known as OGLife, creates a community platform for senior gamers and veterans over the age of 40 years old. Senior gamers may find themselves susceptible to a host of physical, mental, and social problems, and COVID has not made dealing with these issues any easier. OGLife can open the doors for these gamers to a community that may provide a breath of fresh air and could also improve the quality of life for those who participate.
Gaming and Thriving For A Better Life After 40
P2E gaming has taken off in 2021, and this turn of events means that some people around the world can rely on gaming to make a livelihood. The combination of fun, technology, and decentralized finance (DeFi) has endowed the gaming community with an opportunity unlike ever before when it comes to making ends meet.
OGLife recognizes the potential for combining these elements to create a retirement strategy for those who have reached middle age with fewer options every year for securing a comfortable future.
Despite laws put in place that protect against discrimination, the job market for people who have reached a certain age with some form of physical or mental disability can be difficult to navigate. In the wake of COVID-19, many people are out of work, and some of the most vulnerable members of society are barely scraping by financially as a virus ravages the world around them.
StrongNode and OGLife give this demographic a way to connect with others through the joys of gaming. Furthermore, for what is probably the first time in history, playing games with others on the computer can help put food on the table, all thanks to developments in distributed ledger technology, edge computing, and DeFi.
How Uniting Computing Power Can Unite Communities
Edge computing is a revolutionary turn away from centralized networks towards the optimization of data systems by supplying the basic functions of a network closer to the source of a network request. This can be achieved by transferring unused computing power from local devices towards assisting in the operation of nodes within a decentralized network like a blockchain.
As a rule, the value of a network rises in tandem with the number of users connected within that network, so the more users and devices that participate in a network, the more the costs of running a network are reduced. This difference between cost and value can be shared by those who help provide the power to supply a network with functioning nodes.
Users who help build robust edge networks by volunteering their devices can earn StrongNode’s $SNE token for their participation. It’s estimated that an average individual will possess around 15 devices in the year 2030, and much of the processing and storage power in these devices will go unused unless they are put to work in the kind of edge computing program developed by StrongNode.
Senior gamers who join the OGLife community and contribute their unused GPU, CPU, and storage to StrongNode’s edge computing solutions will reap financial benefits from both supplying computing power but gaming as well.
StrongNode’s OGLife seeks to ensure that the users who are brought into this network can not only benefit monetarily, but mentally and physically, by forming a gaming community that facilitates the secure operation of blockchains such as Polygon, Solana, BSC, and Ethereum.
StrongNode Builds a Better Network Through Social Outreach
StrongNode.io is developing an infrastructure-as-service business model that operates by uniting a network of devices that share their unused computational power. StrongNode has chosen to begin uniting this network by doing some good for the community and providing a social service for an often overlooked part of society through its first project, OGLife.
Blockchain technology is often hailed as a driving force for change in the world. StrongNode and OGLife are taking an active role in fostering the positive changes blockchains are capable of introducing to the world with this community-building venture. This could mean the difference between a life of simply surviving and a life of thriving, hence the project’s thriving-as-a-service business model which is the first of its kind.
Image by Gerd Altmann from Pixabay
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aelf (ELF) Token: A Big Shift in Decentralized Cloud Computing
It seems that the next paradigm shift is making its presence known, and that is the tilt from centralized cloud computing to decentralized blockchains. With the advent of the coronavirus pandemic, cloud computing is presently enabling remote working experiences for many as a distributed team can access and leverage on a unified work platform.
Decentralized cloud computing: what you need to know on aelf (ELF)
Presently, there is growing knowledge that a more decentralized cloud computing methodology could be a catalyst for enterprise business transformation. For instance, on the aelf blockchain, which represents a decentralized cloud computing platform, organizations can utilize aelf in multiple business scenarios as it offers blockchain empowered economic models to stimulate their members.
aelf’s developing decentralized media platform stores information away in a blockchain buttressed anonymous system to protect media workers from certain pressures, thus reducing privacy concerns. The platform also remains compliant with security certifications that reassure property protection. On August 20th, China Electronics Technology Standardization Institute (CESI) provided accreditation on aelf Enterprise in its reliability, performance, and functionality.
What is aelf (ELF)?
Earlier stated, aelf is a decentralized cloud computing blockchain platform. It represents a real Layer 2 solution different from any other projects currently as it allows NFT to circulate between the Ethereum and the aelf ecosystem. ELF refers to the main token on the aelf platform, used for transaction fees, side-chain index fees, production nodes deposits, voting, and block rewards.
To expedite aelf’s integration with multiple business use cases, aelf enterprise is tasked to meet the requirements of different industries ranging from supply chain management, credit scoring, user incentives, and property protection. The aelf Enterprise lays the foundation for aelf mainnet token swap slated for September 2021.
Growth prospects for aelf (ELF)
aelf represents a big shift in decentralized computing based on three factors: Affordability, Scalability, Interoperability. First, aelf’s service fee is fixed at .1 regardless so that users could enjoy its high performance at a low price. Second, aelf innovated on its multi-sidechain systematic structure as well as its cross-chain collaboration mechanism, enabling unlimited scalability to solve today’s most pressing issues and to promote the future digital economy.
Courtesy: Coinmetrics
Third, aelf versatile oracle could help retrieve data or digital assets and transfer them between projects, thus offering the highest degree of freedom to its users (cross-chain function). Based on the cross-chain technology of the main chain index and verification mechanisms, aelf achieves efficient and secure communication between the main chain and all side chains, and as a result, allows direct interoperability between side chains. Through offering opportunities related to NFTs, one of the hottest sectors in the crypto space, aelf is well-positioned to continue to attract new users and maintain a high level of on-chain activity.
Right now, ELF is changing hands at around .45. Having rebounded off strongly from MA 200 barrier at .30 in August, aelf is looking to push upwards further. Bullish bets on the ELF price range are within .76 and by the end of 2021.
About the Author:
Tomiwabold Olajide is a forex trader and cryptocurrency analyst. A technical analyst, as well as an experienced fund manager, he has also co-authored several books on Forex trading. Tomiwabold pays great attention to cryptocurrency research, conducting a comprehensive price analysis and exchanging predictions of estimated market trends. He studied at the University of Lagos.
Image by Free-Photos from Pixabay
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aelf (ELF) Token: A Big Shift in Decentralized Cloud Computing
It seems that the next paradigm shift is making its presence known, and that is the tilt from centralized cloud computing to decentralized blockchains. With the advent of the coronavirus pandemic, cloud computing is presently enabling remote working experiences for many as a distributed team can access and leverage on a unified work platform.
Decentralized cloud computing: what you need to know on aelf (ELF)
Presently, there is growing knowledge that a more decentralized cloud computing methodology could be a catalyst for enterprise business transformation. For instance, on the aelf blockchain, which represents a decentralized cloud computing platform, organizations can utilize aelf in multiple business scenarios as it offers blockchain empowered economic models to stimulate their members.
aelf’s developing decentralized media platform stores information away in a blockchain buttressed anonymous system to protect media workers from certain pressures, thus reducing privacy concerns. The platform also remains compliant with security certifications that reassure property protection. On August 20th, China Electronics Technology Standardization Institute (CESI) provided accreditation on aelf Enterprise in its reliability, performance, and functionality.
What is aelf (ELF)?
Earlier stated, aelf is a decentralized cloud computing blockchain platform. It represents a real Layer 2 solution different from any other projects currently as it allows NFT to circulate between the Ethereum and the aelf ecosystem. ELF refers to the main token on the aelf platform, used for transaction fees, side-chain index fees, production nodes deposits, voting, and block rewards.
To expedite aelf’s integration with multiple business use cases, aelf enterprise is tasked to meet the requirements of different industries ranging from supply chain management, credit scoring, user incentives, and property protection. The aelf Enterprise lays the foundation for aelf mainnet token swap slated for September 2021.
Growth prospects for aelf (ELF)
aelf represents a big shift in decentralized computing based on three factors: Affordability, Scalability, Interoperability. First, aelf’s service fee is fixed at .1 regardless so that users could enjoy its high performance at a low price. Second, aelf innovated on its multi-sidechain systematic structure as well as its cross-chain collaboration mechanism, enabling unlimited scalability to solve today’s most pressing issues and to promote the future digital economy.
Courtesy: Coinmetrics
Third, aelf versatile oracle could help retrieve data or digital assets and transfer them between projects, thus offering the highest degree of freedom to its users (cross-chain function). Based on the cross-chain technology of the main chain index and verification mechanisms, aelf achieves efficient and secure communication between the main chain and all side chains, and as a result, allows direct interoperability between side chains. Through offering opportunities related to NFTs, one of the hottest sectors in the crypto space, aelf is well-positioned to continue to attract new users and maintain a high level of on-chain activity.
Right now, ELF is changing hands at around .45. Having rebounded off strongly from MA 200 barrier at .30 in August, aelf is looking to push upwards further. Bullish bets on the ELF price range are within .76 and by the end of 2021.
About the Author:
Tomiwabold Olajide is a forex trader and cryptocurrency analyst. A technical analyst, as well as an experienced fund manager, he has also co-authored several books on Forex trading. Tomiwabold pays great attention to cryptocurrency research, conducting a comprehensive price analysis and exchanging predictions of estimated market trends. He studied at the University of Lagos.
Image by Free-Photos from Pixabay
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XRoad Is Changing the Cloud Computing Industry and Launching Innovative NFT Product, GoldDebit by XRI
An innovative NFT product, named GoldDebit, by XRI(XRoad Initiative) is upcoming.
What is GoldDebit NFT?
GoldDebit NFT is a new type of NFT product of gold bullion. In addition to the asset value of the gold bullion, GoldDebit NFT has a highly entertaining element.
Especially the GoldDebitwith autographs by famous people(first they are teaming up with the sports industry) has a huge appeal not only for the fans who wrote that autograph but also for millions of people around the world because the autographed gold bullion can be a product which people can keep as an asset value.
Development Outlook
This GoldDebit is providing autographs of famous people. Furthermore, XRI is developing a virtual town where people can socialize with famous people such as athletes, in the future.
– Developing a new NFT product, GoldDebit with a trading company.
– Introducing a point system with the GoldDebit for the customers who buy the NFT product.
– Realizing the international money transfer with GDP(Gold Debit Point)
– Building a microfinance model to utilize GoldDebit
– etc…
This new project with blockchain technology and NFT services seems to show us very fast growth in their industry. They expand their services in new platforms, such as the new NFT marketplace, with NFT products including highly entertaining elements, so we should stay tuned for things to come.
Not only this XRoad Is Changing The Cloud Computing Industry.
The underpinnings of digital business are embodied in Cloud Computing. Over the last 10 years, this industry has developed at a breakneck speed. Worldwide end-user spending on public cloud services is forecast to grow 23.1% in 2021 to total 2.3 billion, up from 0 billion in 2020, according to the latest forecast from Gartner, Inc. We are seeing more and more ways to connect and collaborate, moving to the cloud.
The increased volume of work done by global businesses and number of games on the Internet, increased consumer demand for bandwidth and content, global growth in the number of smartphones, the rapid development of web and mobile applications, and high costs of managing developers on a local server are all contributing to this accelerated growth.
Although the cloud computing business started on centralized servers with the likes of Amazon Web Services (AWS), Google Cloud, Microsoft Azure, and Alibaba Cloud dominating the centralized cloud computing space. With the advent of blockchain technology, most companies are getting more inclined to decentralized computing infrastructure due to the numerous advantages it offers.
One of the major setbacks of centralized Cloud Computing is the lack of dogged security architecture and the reliance on centralized servers. The implication, however, is that a single point of failure of the server will rub off on the entire network thereby rendering it offline or out of sync, XRoad, a blockchain-powered cloud computing fixes this.
XRI, abbreviated for X Road Initiative, was listed on Coineal on July 23rd. Companies all around the world have learned that addressing the needs of digital business infrastructure necessitates a decentralized strategy. The cloud must grow into a decentralized architecture for better access, flexibility, efficiency, and security.
XRoad Delivers An Unmatched Decentralized Cloud Computing System
XRoad intends to deliver decentralized infrastructure to individual Internet users to act as the nexus between blockchain technology and the world’s data. XRoad is assembling Oracle, a decentralized cloud computing system for user-powered interoperability between the off-chain world and smart contracts, as well as for individual data self-sovereignty. XRoad is on a mission to bring enterprise solutions to the data market and also solve many of the impending challenges that have eroded the industry.
Decentralized storage (XRDS) offered by XRoad is the product of a multi-cloud decentralized data management philosophy and individual data sovereignty. XRDS provides cost-effective solutions to problems that centralized storage systems cannot address.
Due to a decentralized approach to data management provided by blockchain technology, individuals from all over the world may participate in the ongoing operation on XRoad to store, secure, verify, and authenticate individual data in a manner that centralized storage solutions cannot handle.
In XRoad, data is distributed over a whole network, making it very difficult to attack or censor the network. Furthermore, effective storage space use within a borderless and dispersed network saves money at a time when data storage prices are either rising or becoming more difficult to grasp.
XRoad allows multiple copies of data to be safely stored on separate nodes within a network, which is important in the case of data backup. This is so that consumers and/or enterprises may have the uptime and reliability that centralized storage cannot offer.
Developers on the XRoad platform will be able to utilize common libraries to make it easier to create blockchain solutions without having to learn a new programming language. Users will get an encrypted drive and a global login that doesn’t require passwords, allowing them to seamlessly move their data to whatever program they choose.
The Future Of Cloud Computing Is Right Here With Us
The next step in guaranteeing information security is unquestionably blockchain, and XRoad will be leading this innovation. Data on XRoad is stored on many nodes all around the world and has no single point of failure. This overcomes the problem of data security in a variety of unforeseen situations. With XRoad, only those with a matching key to access encrypted data can control and access files posted to the blockchain.
Existing Cloud Computing initiatives have some flaws, however, state-of-the-art security networks like XRoad Network provide safe cloud computing at a tenfold lower cost than the existing vendors on the market. The future looks bright for the XRoad initiative as strategic partners have rallied behind the project.
Op Ed Quantum Computing, Crypto Agility and Future Readiness
Crypto agility relates to the ease or lack thereof with which cryptosystems can be replaced in existing systems in a potential post-quantum computing era. Best to be prepared.nThe post Op Ed Quantum Computing, Crypto Agility and Future Readiness appeared first on Bitcoin Magazine.n
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Crypto Miner Steals $5M Worth of Computing Power Using Identity of Riot Games Founder
n A crypto miner stole the identity of a co-founder of the game developer behind League of Legends to illegally access million in computing powern
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