Tag: Data

Bitcoin mining stocks down after Microsoft scraps data center plans

coiner

Bitcoin (BTC) mining stocks are down after tech giant Microsoft reportedly scrapped plans to invest in new artificial intelligence data centers in the US and Europe, citing a potential oversupply, according to a report by Bloomberg and data from Google Finance. Shares of crypto miners Bitfarms, CleanSpark, Core Scientific, Hut 8, Marathon Digital and Riot dropped between 4% and 12% in tandem with the news, the data showed. The stock price retrenchments highlight cryptocurrency miners’ increased dependence on business from artificial intelligence models after the Bitcoin network’s April 2024 “halving”…

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BitStream: A Protocol For Atomic Data Exchange

coiner

Atomically purchasing digital files with digital currency is an idea that has a long history in this space. Digital goods, digital money, the two seem like a perfect pairing together. Digital goods, i.e. information, are also massive markets. Think about all the video, audio, text, games, and other forms of digital content that people purchase and consume on a regular basis. These are markets worth billions and billions of dollars that people interact with on a daily basis. Most of the serious attempts at implementing paid file sharing have gone…

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Kraken Begins Notifying Customers It Will Send Their Data to the IRS This November

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Cryptocurrency exchange Kraken is sending a letter to clients notifying them that after losing a lengthy court case, they will need to turn over sensitive data to the Internal Revenue Service (IRS) after a legal battle that began in May 2021. Surfacing on Reddit this week, the letter follows a summons from the IRS, and is part of an ongoing effort by tax authorities to access information related to cryptocurrency transactions. The IRS had initially demanded a range of records and data related to Kraken’s U.S. clients. In response, Kraken…

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BTC price shrugs off strong PCE data as Bitcoin traders eye $28K range

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Bitcoin (BTC) stayed rangebound at the July 28 Wall Street open despite further United States inflation data beating expectations. BTC/USD 1-hour chart. Source: TradingView Fed’s “preferred” inflation metric points to waning pressure Data from Cointelegraph Markets Pro and TradingView showed BTC price action getting only a modest boost from the Personal Consumption Expenditures (PCE) Index print. This came in below estimates, hinting that U.S. inflation was continuing to subside and copying other data prints from the week. BREAKING: US PCE Price Index comes in below expectations Expected = 3.1%Actual =…

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AI content cannibalization problem, Threads a loss leader for AI data? – Cointelegraph Magazine

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ChatGPT eats cannibals ChatGPT hype is starting to wane, with Google searches for “ChatGPT” down 40% from its peak in April, while web traffic to OpenAI’s ChatGPT website has been down almost 10% in the past month.  This is only to be expected — however GPT-4 users are also reporting the model seems considerably dumber (but faster) than it was previously. One theory is that OpenAI has broken it up into multiple smaller models trained in specific areas that can act in tandem, but not quite at the same level.…

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Universities use blockchain-based storage to protect and democratize data

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Academic institutions house some of the world’s most important data generated from years of research. Yet centralized data storage models are becoming a concern for many universities looking to keep critical information safe and accessible.  Danny O’Brien, a senior fellow at the Filecoin Foundation and Filecoin Foundation for the Decentralized Web (FFDW) — an independent organization that facilitates governance of the Filecoin network and funds development projects — told Cointelegraph that data stored by academic institutions is at risk of vanishing due to centralized storage models. To put this in…

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How to access Bitcoin network data without advanced IT skills

coiner

The Bitcoin network is home to a variety of data that can offer investors, academics and fans useful insights. However, those without significant IT abilities might find it difficult to obtain this data. The good news is that anyone may explore Bitcoin network data without having substantial technical knowledge thanks to the user-friendly tools, platforms and techniques that are readily available. This article will walk you through how to access Bitcoin network data through various mediums. Related: Top 5 Bitcoin documentaries to add to your watchlist Bitcoin Core The original software…

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Apple bans ChatGPT use for employees over fear of data leaks

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The “Big Tech” giant Apple, has restricted company usage of the widely popular artificial intelligence (AI) chatbot ChatGPT as it fears its sensitive data could be compromised. A report by the Wall Street Journal revealed that an internal document to Apple employees has banned the usage of Microsoft-backed ChatGPT and similar AI tools while the company is in the process of developing its own AI technology. According to the document, the iPhone developer is concerned about workers using the programs and exposing confidential company information.  It also mentioned a restriction…

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