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Network Update: 1500 Miners
Today, with 1500 active mining peers and approximately 125 billion parameters, we are running the largest decentralized neural network in existence. What is the significance of this? Measured in compute cycles, Bitcoin has long held the mantle as the largest supercomputer in the world, far surpassing Google data centers. If
A Bittensor Lesson
In 2019, Richard Sutton began his prescient essay, ‘The Bitter Lesson’, like this: The biggest lesson that can be read from 70 years of AI research is that general methods that leverage computation are ultimately the most effective, and by a large margin. Without fail, since the inception of the
Machine Intelligence as a Commodity
An inflection point occurred in 2007 when a convolutional neural network named Alex Net achieved groundbreaking performance on the ImageNet competition. This event triggered the golden age of machine intelligence that we are currently witnessing, featuring a Cambrian explosion of new neural network approaches able to overcome purely statistical methods