bitcoin Archives - TECHNOBABBLE https://technobabble.com.au/tag/bitcoin/ Fri, 03 May 2024 13:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.1 The Transformation of a Scrappy Cryptominer into the Multibillion-Dollar Backbone of the AI Boom https://technobabble.com.au/2024/05/03/the-transformation-of-a-scrappy-cryptominer-into-the-multibillion-dollar-backbone-of-the-ai-boom/ Fri, 03 May 2024 13:00:00 +0000 https://technobabble.com.au/blog/2024/05/03/the-transformation-of-a-scrappy-cryptominer-into-the-multibillion-dollar-backbone-of-the-ai-boom/ Brian Venturo and a couple of fellow hedge fund buddies bought their first GPUs as part of an elaborate joke. It was late 2016, and for the fun of playing with something volatile that could be either trash or treasure, they had been staking their pool and fantasy football games with bitcoin instead of cash....

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]]> The Potential of a Large New Data Set to Enhance AI’s Ability to Detect Crypto Money Laundering https://technobabble.com.au/2024/05/01/the-potential-of-a-large-new-data-set-to-enhance-ais-ability-to-detect-crypto-money-laundering/ Wed, 01 May 2024 13:00:00 +0000 https://technobabble.com.au/blog/2024/05/01/the-potential-of-a-large-new-data-set-to-enhance-ais-ability-to-detect-crypto-money-laundering/ One task where AI tools have proven to be particularly superhuman is analyzing vast troves of data to find patterns that humans can’t see, or automating and accelerating the discovery of those we can. That makes Bitcoin’s blockchain, a public record of nearly a billion transactions between pseudonymous addresses, the perfect sort of puzzle for...

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