Riot leverages Texas power strategy to fund operations as BTC balance increases

Riot Platforms, Inc. recently reported its June 2023 Bitcoin mining performance, revealing that it produced 460 Bitcoin while executing an effective power strategy. The mining firm produced 40% fewer Bitcoin in June, mining just 460 BTC compared to 757 BTC in May. Metric June 2023 May 2023 June 2022 Month/Month Year/Year Bitcoin Produced 460 676 The post Riot leverages Texas power strategy to fund operations as BTC balance increases appeared first on CryptoSlate.

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GPT-4 API now available to all, as OpenAI goes all-in on chat

The global tech industry is witnessing a milestone as the much-anticipated GPT-4 API from OpenAI becomes widely accessible to all paying customers. The GPT-4 API has been desired by developers worldwide since its introduction in March, but to date, it has only been available to select customers. Now, these developers will have the opportunity to leverage The post GPT-4 API now available to all, as OpenAI goes all-in on chat appeared first on CryptoSlate.

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Will artificial intelligence choose Bitcoin as its currency? Arthur Hayes thinks so

Arthur Hayes, co-founder and former CEO of BitMEX, has proposed that Bitcoin could become the preferred currency for the rapidly advancing domain of artificial intelligence. In a recent blog post titled “Massa,” Hayes discussed a future where AI and robotics would eliminate the less desirable tasks in human work, allowing more people to focus on The post Will artificial intelligence choose Bitcoin as its currency? Arthur Hayes thinks so appeared first on CryptoSlate.

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Georgia prosecutors reportedly charge billionaire George Bachiashvili for misappropriation of funds in Bitcoin, money laundering

Georgian news outlet Agenda reported Thursday that George Bachiashvili, the founder of the Georgian Co-Investment Fund, known for running a $6 billion private equity fund contributing about 40% to the nation’s GDP, has been charged with cryptocurrency misappropriation and money laundering. The Prosecutor’s Office of Georgia alleges Bachiashvili misappropriated a “large amount” of cryptocurrency, notably The post Georgia prosecutors reportedly charge billionaire George Bachiashvili for misappropriation of funds in Bitcoin, money laundering appeared first on CryptoSlate.

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Op-ed: The lowkey AI prompt that changed my life

While it may sound like your typical tech headline, I’ve found that the latest technology disruptor isn’t shiny new hardware or complex software but a singular AI prompt enhancing our everyday tasks and communications. While it leans on innovations in Large Language Models (LLMs) like GPT-4, the prompt isn’t a convoluted technical prompt or a The post Op-ed: The lowkey AI prompt that changed my life appeared first on CryptoSlate.

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