Very excited to soon launch our refined incentive mechanism for @taohash that will enable scalability well into the tens of exahash / second and beyond. This has been a tireless and intense effort by @IbraheemMNadeem, @KibibyteMe, and our very talented team @latentholdings.⚡️
Imagine a world where two billion people each pay a dollar a day to join a decentralized, open network. They earn over 50% yield and gain access to hundreds of open, transparent state of art AI models and digital commodities—resources they can trust, cryptographically guaranteed to be free from manipulation. This network also unlocks the incentive framework for humanity to collaborate at an unprecedented scale, producing the most useful and powerful AI that benefits us all collectively.
This is what $TAO makes possible.
$TAO isn’t just a cryptocurrency or a substitute for money like Bitcoin aimed to be. It’s a deeper commitment—a currency that lets people safeguard their autonomy, their clarity, and their role in shaping a future where AI serves the collective good. It’s a bet on humanity’s shared potential, not just a select few. With $TAO, users access the digital commodities crafted by Bittensor’s subnets, which are set to transform the industries reshaped by Web 2.0 and Web 3.0.
Bittensor is the foundation for Web 4.0: an internet where trust is verifiable, cooperation is incentivized, and individuals drive the creation of AI that lifts us all.
Many random people (lots of kids actually) around the world were mining 100+ bitcoin a day (that’s $10 million a DAY in earnings at current prices) on crappy machines that cost basically nothing in 2009-2011.
Fast forward and many of those people are now billionaires
The same exact dynamic is happening with Bittensor, and I feel like I actually know more than a handfuo of the youngsters who were mining $TAO at single digit and sub single digit prices .
Introducing the “Nexus” ASIC, a revolutionary Bitcoin mining chip pushing the boundaries of known physics with 0.15 J/TH efficiency—100x more energy efficient than today’s latest Antminer S21 Pro!
Powered by 10^9 graphene SHA256 cores clocking in at 100 GHz, it delivers 100 PH/s per chip, with just 10,000 interconnected units being able to produce 1 Zettahash/s: this would mine 100% the annual Bitcoin block reward, equivalent to $15 billion + annually.
Built on 0.5nm transistors (0.1 fJ/gate), the Nexus room-temperature superconductors eliminate resistive losses, while their optical computing with quantum dots massively reduces energy needs to 10^-18 J per operation. Reversible logic then bypasses Landauer’s limit, and quantum cooling via Bose-Einstein condensates manages 15 kW thermal per chip.
10,000-unit large Nexus “pods” each come equipped with zero-point energy harvesting for power support across the system.
Nexus pods are being manufactured to reach full production scale of 5 units per year starting in 2028. Each pod retails for 500,000 Bitcoin, or $50B at current rapidly inflating dollar prices.
Learning from continual experience is the key to scaling AI to ASI and beyond.
What will this require?
Different equations / algos. Different software architectures. New chips. New hardware architectures for those chips. New materials science for making those chips on different substrates. New energy sources (likely new solar methods). New (almost) everything.
That's all super expensive... will require more money and capital than ANY single company could muster.
Enter Bittensor incentive mechanisms. Those IMs unlock the language of value for value across a permissionless ledger.
This language has already produced outputs that would require over $1 Billion in capex and opex to deliver using conventional methods.
Tens of thousands of GPUs in a few months 1% the hashrate of Bitcoin in 30 days Largest 3D asset library in a few weeks First to ship and fastest improving decentralized training
We can also apply Bittensor incentives to domains like...
Design new neural net architectures that prove to continuously discover more compute efficient and general purpose model architectures
Design and test a new ASIC that continuously improves on its own compute efficiency as scaling demands grow in highly interconnected (but geographically distributed) scenarios
Create reactors for nuclear, storage and collection methods for solar and fusion based energy production technologies
And a lot more...
Those subnets would be able to harness trillions in funding and distribute the rewards fairly across billions of people who contribute to progress on the incentives collectively.
Bittensor will change the course of humanity and amplify the success of our species in profound ways. It's pretty obvious now.
There will definitely be many > $100B startups built by teams of < 50 people over the coming years that are just getting built now. Bittensor incentives will enable a lot of this.
I am 100% convinced that @balajis' http://NS.com should be a collection of Bittensor subnets... each run by founders in the cohorts... 100 new Bittensor subnets can be registered by the first http://NS.com fellowship cohort (100 students) alone.
We’ve sustained > 1 Exahash / Second (peaking above 10 EH) for > 45 days on @taohash … with an unstable incentive mechanism using the language of permissionless value (Bittensor).
Conventional capitalism would have required spending > $5M USD in capex.
We just shipped big UX improvements to @taoapp_ for maintaining wallet + OHLC web socket connectivity + Savant can now execute staking! This is experimental for now and Savant only understands denominations in TAO (will get way smarter, fast). ENJOY! 🪄✨ http://tao.app/savant