/biz/ - Business & Finance

>>5848468
read
>>5846898

this obviously doesn't get that technical but it outlines the market conditions that will make this project successful

TLDR: they have optimised GPU mining now so all the gigantice chinese firms that will eventually be made redundant by more efficient replacements for BTC and ETH can just switch over to AI computing which will provide IMMENSE computing power (see energy consumption) to AI training.

>>5841634

>AI + Blockchain shill

FUDers will tell you that AI does not work as efficiently on a distributed network. This may or may not be true but the beauty of the deepbrain system is that it will allow existing mining firms to transition into AI computing. What do you think will happen when BTC and ETH eventually are replaced with competitors that are more efficient to mine? Do you think all these huge Chinese mining operations are going to pack it up and melt down their setup for copper? No, they will start looking for something else to use their immense computing power on, AI has a use for such setups (with obvious alterations) so it makes sense that there will be some sort of relationship there. DBC just provides a payment ecosystem for such a setup.

“But what about having a smaller computer with the same processing power”Consider this, is there a computer with an energy consumption rate greater then Syria? The monetary benefits of mining the blockchain have resulted in an absolutely IMMENSE global network of computers that will blow any singular computer out of the water. Sure this will be less efficient then having a dedicated computer but in my opinion the DBC framework will allow for cheaper computation because of the pressure Chinese mining firms are to not be left obsolete when there is no longer as much demand for crypto mining. They will have to adapt their hardware and find something else for it to do (AI) computing.

http://www.deepbrain.ai/

https://en.wikipedia.org/wiki/Bitcoin_scalability_problem

>>5813153

>AI + Blockchain shill

FUDers will tell you that AI does not work as efficiently on a distributed network. This may or may not be true but the beauty of the deepbrain system is that it will allow existing mining firms to transition into AI computing. What do you think will happen when BTC and ETH eventually are replaced with competitors that are more efficient to mine? Do you think all these huge Chinese mining operations are going to pack it up and melt down their setup for copper? No, they will start looking for something else to use their immense computing power on, AI has a use for such setups (with obvious alterations) so it makes sense that there will be some sort of relationship there. DBC just provides a payment ecosystem for such a setup.

“But what about having a smaller computer with the same processing power”Consider this, is there a computer with an energy consumption rate greater then Syria? The monetary benefits of mining the blockchain have resulted in an absolutely IMMENSE global network of computers that will blow any singular computer out of the water. Sure this will be less efficient then having a dedicated computer but in my opinion the DBC framework will allow for cheaper computation because of the pressure Chinese mining firms are to not be left obsolete when there is no longer as much demand for crypto mining. They will have to adapt their hardware and find something else for it to do (AI) computing.

http://www.deepbrain.ai/

https://en.wikipedia.org/wiki/Bitcoin_scalability_problem

>>5798788

I don't think you understand just how much processing power goes into these mining projects.

What do you think will happen when BTC and ETH eventually are replaced with competitors that are more efficient to mine? Do you think all these huge Chinese mining operations are going to pack it up and melt down their setup for copper? No, they will start looking for something else to use their immense computing power on, AI has a use for such setups so it makes sense that there will be some sort of relationship there. DBC just provides an payment ecosystem for such a setup.

>but what about having a smaller computer with the same processing power

Consider this, is there a computer with an energy consumption rate greater then Syria? Sure this will be much less efficient then having a dedicated computer but in my opinion the DBC framework will allow for cheaper computation because of the pressure Chinese mining firms are to not be left with obsolete hardware.

desu you probs know more then me about the AI side of things since I'm a maths and engineering major and don't know shit about AI. But I think it makes economic sense that increase demand for AI computation and the falling demand for BTC mining should meet somewhere