Dora Noda’s Post

Inferix is launching our "Supernode GPU Staking Mining Testnet 1" on @iotex_io this January 2nd, 2025 🚀 This testing phase will mainly focus on training AI models using @Nvidia H100 and high-end GPUs. Here’s what you can expect: • For AI builders: test out our extensive compute network and deploy AI-driven dApps on @iotex_io while earning $IFX rewards • For GPU owners: join our network, share your idle computing assets for AI training and earn $IFX rewards (All token rewards earned during the testnet phase will be converted into mainnet tokens) Get Ready! Ensure you have a public IP address and a worker that can be accessed via SSH to participate in the testnet. See you on January 2nd! 🗓️ #Inferix #DePIN #deAI

NVIDIA & Bitdeer I can hear the echo of ‘Bitdeer? Never heard of them…..(harrumph, harrumph…)’ Don’t be that person; like the CEO who hung up on NVIDIA or the guy that said that The Beatles were just 4 guys who needed a haircut…..,(ouch)! Really thrilled to in support of the Bitdeer partnership with NVIDIA - as the largest current power network and HPC organisations with over 1.8GWATTS in actual production TODAY the power compute FSI future has never looked brighter with the launch of PASCAL from NVIDIA which will be the HPC talk of Davos this January coming. Jumbi Edulbehram, PhD Jensen Huang With HPC centres running today in Singapore, Norway, Bhutan and the USA with new Cloud Mining discovery and asset security & tracing software, there is a new name to learn for those seeking to keep up and make progress in the new world. Look at https://www.bitdeer.com/

[HPC on AWS] In this blog post, you will learn how #AWS achieved a 10.5x throughput improvement with SLB INTERSECT by using the “P5” GPU instance family in place of traditional CPU methods.

⛏️ GPU mining continues to be popular in 2024 due to its capabilities. GPUs are more powerful than CPUs and are more versatile and affordable than ASICs. Read more about GPU mining in our recent article. 

NVIDIA resembles early Amazon Their historical main business of PC GPUs isn’t their main business anymore. Data center business accelerated 409% Quarter on Quarter vs Q4 23. It’s a staggering 78% of total revenue. - GPUs are down to 17.1% - Fun fact: Crypto Mining is at 0% Why the Amazon analogy? They started as a book store, then used their infrastructure and supply chain to expand into entirely new verticals. Books are now ~ 5% of their revenue. Evolve or be evolved. #nvidia #innovation #evolution #ai #gpus

Neoclouds are playing a starring role in the current GPU cycle. Reminds me of the mining services boom from 2009-2013 when marginal assets flipped into profitability, capital flowed freely, and freshly funded new cos drove excess demand for trucks, drills, excavators and the like. Of course, when the market turned these all went to zero. Full note here: https://lnkd.in/gBbntz_A NVIDIA

💡 Have you noticed that both the #Bitcoin mining and #AI / #HPC industry have one dominant hardware manufacture? Let's dive in: BITMAIN is a leading player in the ASIC (Application-Specific Integrated Circuit) market, particularly in Bitcoin mining. Bitmain's market share is estimated to be over 75%, making it the largest single supplier of ASIC miners for Bitcoin mining. MicroBT is a significant competitor to Bitmain, with the Whatsminers they gained a substantial market share, often estimated around 15-20%. Canaan Inc. is another competitor with its AvalonMiner series. While its market share is smaller compared to Bitmain and MicroBT, Canaan is well-established and continues to be a key player in the ASIC market. NVIDIA holds a dominant position in the GPU market, with a market share often exceeding 80%. This strong market presence is supported by its leadership in GPU technology and its successful product lines, including the GeForce, Quadro, and Tesla (now known as NVIDIA A100 and H100) series. Nvidia has a market cap of almost $3 trillion dollar and became the third biggest company in the world after Microsoft and Apple. AMD is NVIDIA's primary competitor in the GPU market. AMD's Radeon GPUs are popular for gaming, and their Radeon Pro series targets professional graphics and compute tasks. AMD also competes in the data center market with its Radeon Instinct and MI (MI100, MI200) series. Although traditionally known for its CPUs, Intel Corporation has entered the GPU market with its Intel Arc series. Intel is working to gain a foothold in both the consumer and professional GPU segments. Learn all about the similarities and differences between Bitcoin Mining and AI/HPC in one of Digital Mining Solutions latest articles: https://lnkd.in/d6sqzJDV

Was satoshi a socialist does socialism fit with crypto? Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has left behind a limited and enigmatic legacy. Consequently, it's challenging to definitively categorize Satoshi’s political or economic ideology. However, examining the principles and motivations behind Bitcoin can provide some insights: 1. **Decentralization and Individual Control**: Bitcoin was designed to be a decentralized currency, free from government control and central banks. This focus on individual control over money aligns more with libertarian principles than socialist ones. Libertarianism emphasizes personal freedom, minimal government intervention, and individual sovereignty. 2. **Rejection of Centralized Authority**: Satoshi was critical of the traditional banking system and government-issued fiat currencies. Bitcoin's creation was, in part, a response to the financial crisis of 2008, which highlighted the failures of centralized financial institutions. This critique does not necessarily align with socialist ideologies, which often advocate for more centralized control over resources and industries. 3. **Open Source and Collaboration**: The open-source nature of Bitcoin and other cryptocurrencies fosters collaboration and communal development, which can resonate with some socialist principles regarding communal ownership and the sharing of resources. However, this is a more nuanced alignment and does not suggest a direct ideological match with socialism. As for whether socialism fits with cryptocurrency, it's a complex relationship: 1. **Potential for Redistribution**: Cryptocurrencies can be used to create more equitable financial systems, with the potential to redistribute wealth and provide financial services to the unbanked. This can resonate with socialist goals of reducing inequality. 2. **Anonymity and Privacy**: Some cryptocurrencies prioritize privacy and anonymity, which can be at odds with the transparency and regulation often favored in socialist frameworks aiming for equitable distribution and control. 3. **Economic Models**: Cryptocurrencies can support a range of economic models, including cooperative and decentralized autonomous organizations (DAOs), which might align with some socialist principles of shared ownership and decision-making. In summary, while Satoshi Nakamoto's motivations and the principles behind Bitcoin do not clearly align with socialism, there are aspects of cryptocurrency technology that can support socialist ideals. However, the overall fit of socialism with the crypto space is not straightforward and depends on how the technology is used and the specific goals of the economic system in question. #bitcoin #askgpt

io.net Powers Zerebro’s New Ethereum Validator Service with Decentralized GPU Compute https://buff.ly/4frliQK

Verifiable Delay Function VDF in Solana: Solana uses recursive pre image SHA256 VDF, where output of one SHA256 iteration is recursivly used as next iterations input. Message(1) --------> Hash(1) Hash(1) + Message(2) --------> Hash(2) Hash(2) + Message(3) --------> Hash(3) Formula, Hash(n-1) + Message(n) --------> Hash(n) From the above formula we can observe, ~We have a proof of a Lower Bond on the time of Message [i.e Message(n) must have taken place before Hash(n)] ~We have a proof of a Upper Bond on the time of Message [i.e Message(n) must have taken place after Hash(n-1)] Evaluation Phase(Leader), Computation takes place only one CPU core as it is strictly sequencial computation by definition. Total no. of Hash --------------------------- Hashes/Second for 1 core Verification Phase(Voter), The block can be checked in parallel using GPU wit thousand of core. It can easily sliced & verified. Total no. of Hash --------------------------- Hashes/Second for 1core * (no.of cores) "PoH is difficult to produce but easy to verify" #solana #poh #vdf #wasiffalishah