Quantum AI Reshaping our World

In the ever-evolving landscape of technology, a new frontier is emerging that promises to reshape our world in ways we can scarcely imagine. This frontier is Quantum AI, the powerful fusion of quantum computing and artificial intelligence. 

It's a field that's generating immense excitement and speculation across industries, from finance to healthcare, and it's not hard to see why. Quantum AI has the potential to solve complex problems at speeds that would make even our most advanced classical computers look like abacuses in comparison.


Demystifying Quantum AI: The Power Of Qubits And AI
But what exactly is Quantum AI, and why should you care? At its core, Quantum AI leverages the principles of quantum mechanics to process information in ways that classical computers simply can't. 

While traditional computers use bits that can be either 0 or 1, quantum computers use quantum bits or qubits, which can exist in multiple states simultaneously thanks to a phenomenon called superposition. This allows quantum computers to perform certain calculations exponentially faster than classical computers.     READ MORE...

US Bitcoin

China's share of global Bitcoin mining has fallen to effectively zero, research by the Cambridge Bitcoin Electricity Consumption Index (CBECI) suggests.

In June China told banks to stop facilitating transactions, and issued bans on mining.

At its peak in Sept 2019 China accounted for over three quarters of all Bitcoin mining.

China's crackdown initially led to a 38% fall in mining globally CBECI said.

However this was partially offset by a 20% "bounceback" over July and August, "suggesting that some Chinese mining equipment has been successfully redeployed overseas", researchers said.

China has since declared all Bitcoin transactions illegal - though that occurred after the period covered by they Cambridge research.

Miners earn money by creating new Bitcoins, but the computing power needed to do it consumes large amounts of energy.

They audit Bitcoin transactions in exchange for an opportunity to acquire the digital currency.

Global mining requires enormous computing power, which in turn uses huge amounts of electricity, and consequently contributes significantly to global emissions.

The CBECI, which is produced by the Cambridge Centre for Alternative Finance, tracks the geographic distribution of computing power used for mining Bitcoin - receiving data from a number of commercial Bitcoin mining pools.  READ MORE...