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JosephJacks_
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The lightcone of all value will be $
TAO
. ⚡️
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JosephJacks_
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Bittensor turns physical commodities into digital commodities and centralized networks into decentralized networks.
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Top quartile of Bittensor subnet FDVs has grown from zero since dTAO to ~ $18 billon in 75 days... Yes, FDVs are the right way to evaluate a top subnet given they fully emit 21m supply in ~ 6 years at 1.75-2x emission speed EMA into the AMM. Should add $1-200B by Christmas imho.
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Make Bitcoin mining great again... @TAOHash
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Bittensor will get you into Bitcoin. And Bitcoin will get you into Bittensor.
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Today is 16 years and 135 days after the Bitcoin genesis block —- the current hashrate is 850~ exahashes per second … sustaining this level of hashrate produces all the block rewards at the current 5th halving cycle, or 144 blocks per day. There are 3.125 $BTC in each block. That’s 450 $BTC / day, or $46 million / day in rewards... or $17 billion annually. Bittensor subnet 14 (@TAOHash) has incentivized the decentralization of hashrate and disaggregated nearly 5 EH/s … representing > .5% of total Bitcoin hashrate, or close to $100M / year … in 11 days from zero. This is a monumental achievement and example of the power of Bittensor incentives for decentralizing and accelerating the production of continuously improving digital commodities. 🔥
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