Tag: Midjourney

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Bitcoin Miner Iris Energy Dives into Generative AI, Investing $10M in Nvidia GPUs Amidst Soaring Demand

August 31, 2023

On August 29, the publicly traded bitcoin mining entity, Iris Energy, revealed its acquisition of 248 Nvidia H100 graphics processing units (GPUs) at a cost of $10 million. While the company emphasized that its primary focus remains on BTC mining, it views generative artificial intelligence (AI) as an enticing “additional opportunity.” From Bitcoin Mining ASICs…
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AI Chatbots Weigh In: Is Bitcoin Poised to Become a Global Reserve Currency?

June 10, 2023

While some people believe that bitcoin (BTC) could become a global reserve asset, others are skeptical. Rather than relying on human subjective valuations and biases, we conducted an experiment to let artificial intelligence (AI) determine whether bitcoin could become a global reserve currency. We asked six popular AI chatbots the same question: “Will bitcoin become…
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