Bittensor. Open market. Reward miners. Startups. Capture ma | JosephJacks_ på Binance Square

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Bittensor.Open market.
Reward miners.
Startups.
Capture market.
Trap users.

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@JosephJacks_

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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 .

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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.

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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.

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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.

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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.

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