AI×Blockchain ecosystem to be developed by AI Crypto

The proposition addresses ineffective GPU resource usage and corporation oligopoly on research data sets
14 March 2018   556

A startup AI Crypto that deals with the matters of combining AI and blockchain in order to make machine learning more affordable has begun the development of the whole ecosystem for such hybrid concept. AI Crypto team today announced the release of their new technology and a consensus algorithm. Earlier GPU resources were misused as individuals were able to assign specific GPU calculations. With the introduction of Distributed GPU Network technology, requests are, as the name goes - distributed among all GPU pools homogeneously.

A new consensus algorithm Proof-of-Value was designed to verify transactions by means of machine learning calculations. On top of that, an incentive mechanism is proposed to give researchers a broader access to gigantic amounts of data sets: every time a shared data set is used its provider receives AI Crypto token in return. Eventually such approach will also facilitate a more even AI data distribution.

AI Crypto platform assumes that companies will be able to access models developed on the blockchain given that the developers have much less tedious environment of data access and model building. The developer team launches an ICO in May 2018, a beta API - in December 2018 with a full fledged release in june 2019.

AI Crypto aims to revolutionize both the blockchain and ai space. I envision a future where all AI calculations are run in the ai crypto platform.


SJ Lee

CEO, AI Crypto

Giant Mining Solar Powered Farm to Created in California

Plouton Mining will allocate solar panels on 49 acres and it's planned they should generate about 10-13 megawatts per day, working for an average of 12 hours
26 June 2019   56

Plouton Mining, a subsidiary of Plouton Group Holding, intends to open the largest Bitcoin farm in North America for mining, whose operations will be provided by solar energy. To this end, the firm chose a territory in the western part of the Mojave Desert, California.

Plouton Mining will place solar panels on 49 acres: they should generate about 10-13 megawatts per day, working for an average of 12 hours. The company stressed that Western Mojave receives sunlight for 70% of the year.

The company will also sign the necessary contracts with local electricity suppliers in order to operate the farm in the absence of solar radiation.

Meanwhile, the bitcoin hashrate has again updated the historical maximum at 66.666 EX / s.