NEW UNDERSTANDING OF THE ETHER HOUSE POS

THE SHIFT FROM THE FORMER POW TO THE CURRENT POS HAS BEEN A POINT I HAVE NOT UNDERSTOOD。

The first explanation for this transition came from Vitalik himself to the effect that it was for environmental and energy conservation...

In that interpretation, I thought:

It cannot be said that this interpretation is totally unreasonable, but it sounds more like some kind of political correctness to Western left。

So I have a very far-fetched attitude towards it。

But recently, with the exponential increase in energy consumption in artificial intelligence applications, coupled with my increased recognition of the “use value” of the Taifung, I have become increasingly inclined to believe that this transition to the Taifeng is right and necessary。

I believe that the vast majority of readers have learned from a variety of sources of information about the exponential growth of artificial intelligence applications for energy consumption。

AMONG THESE EVIDENCES, I WAS STRUCK BY A RECENT INTERVIEW WITH MICROSOFT CEO: MICROSOFT NOW HAS A LARGE STOCK OF BRITISH-LED GPUS IN THE WAREHOUSE, ESSENTIALLY BECAUSE THE POWER SYSTEM CANNOT KEEP UP。

In addition, the major United States technology giants are now increasingly spending money to build their own small nuclear power plants to ensure the energy supply of data centres, a powerful driver that cannot be ignored。

IT IS CLEAR THAT ARTIFICIAL INTELLIGENCE APPLICATIONS ARE NOW INCREASINGLY BEING SPREAD FROM THE GPU TO ENERGY。

In addition to this, there is another interesting message from the industry:

An increasing number of bitcoin mines have begun to transform data centre operations。

I believe that this business transformation cannot be understood as a business phenomenon alone, but rather as a potential risk hidden behind it:

What does that mean if, at some point in the future (or is it happening now?), the revenues from the mining of bitcoin fall short of those from data centre operations

That means that more and more mining unions transform mines into data centres, more and more miners withdraw from the maintenance of the Bitcoin network, and that the Bitcoin security barrier, which is heavily energy-dependent, is eroded and weakened by artificial intelligence applicationsI don't know。

Such risks do not exist at all in the middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-middle-ming age, when there was no such widespread application of artificial intelligence at that time。

Of course, this risk is just my guess now。

I do not have accurate data to compare the profit/loss balance points and operational transition thresholds of both mine mining and operating data centres, so it is not possible to determine with certainty whether and, if so, under what circumstances such risks would arise。

However, I believe that this risk cannot be ignored. And I think it's going to be a growing risk when artificial intelligence actually comes up with a bursting application like Twitter。

HENCE, FUTURE ARTIFICIAL INTELLIGENCE APPLICATIONS ARE BY FAR THE GREATEST THREAT TO POW MINING FROM THE POINT OF VIEW OF COMPETITION FOR LIMITED ENERGY SOURCES ALONE. BUT CONSENSUS MECHANISMS THAT CAN CIRCUMVENT THIS THREAT INCLUDE AT LEAST POS。

In the article the day before yesterday, I listed the vision of the “Blue Fox” for the future of the ETA, one of which is to be able to run nodes on simple, small equipment -- in fact, a constant lowering of the hardware threshold and a sustained reduction in energy consumption is something that the Taifu has been insisting on。

IT NOW APPEARS THAT, FOLLOWING THE MOVE TO POS, THERE IS A REAL RISK THAT THIS APPROACH WILL AVOID THE RISK OF ENERGY COMPETITION FROM THE UTENSILS AND ARTIFICIAL INTELLIGENCE。

That's one。

Second, if it is considered from a more ambitious perspective, since it is an application network whose ecological future is to carry the entire virtual world through a chain of trade, it should theoretically be less constrained from the physical world。

And energy constraints are a great constraint from the physical world。

Therefore, as an application agreement, this limitation should be circumvented to the extent possible and “defeating” as soon as possible and as soon as possible, as a “hard foundation” in a virtual world that is less energy-dependent。

ANYWAY, IT'S A COINCIDENCE OF HISTORY AND I'M NOW INCREASINGLY IN FAVOUR OF MOVING FROM POW TO POS。