Bitcoin transforms capital. Bittensor transforms capitalism. | JosephJacks_ on Binance Square

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Bitcoin transforms capital.Bittensor transforms capitalism.

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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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Just crossed 4 EH/s on @TAOHash … Gm. 🌞

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Realtime (in sync with 12 second block time of Bittensor subtensor) streaming of OLHC coming to http://TAO.app .. will ship tomorrow. 🚢 🫱🏻‍🫲🏼

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Late night http://TAO.app ship.. columns in subnets explorer are now draggable. ✨✨✨🚢

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