One of the definitive downsides of cryptocurrencies raised its head this week when the nosediving price of bitcoin – brought on by the Luna/Terra crash and subsequent cascading effects – rendered bitcoin mining less profitable. One bitcoin today costs $19,410, so it’s hard to imagine this state of affairs has come to pass – but this is …
Continue reading “What the bitcoin price drop reveals about ‘crypto’”
Whenever I hear someone rhapsodize about how much more computer power we have now compared with what was available in the 1960s during the Apollo era, I cringe. Those comparisons usually grossly underestimate the difference.A Quadrillion Mainframes on Your Lap, Rodney Brooks, IEEE Spectrum And I cringe whenever I hear someone rhapsodise about computing power …
This is a tricky question. And for background, here’s the tweet from IBN Live that caught my eye. https://twitter.com/ibnlive/status/247262774898593792 (If you didn’t read the IBN piece, this is the gist. India, rather Kapil Sibal, our present telecom minister, will have a state-of-the-art supercomputer, 61 times faster than current-leader Sequoia, built indigenously by 2017 at a …
Would a mind’s computing strength be determined by its ability to make sense of counter-intuitive principles (Type I) or by its ability to solve an increasing number of simple problems in a second (Type II)? Would Type I and Type II strengths translate into the same computing strength? Does either Type I or Type II …
Random Sunset 