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Quantum Blockchain's AI Breakthrough in Bitcoin Mining
The Financial Times reports that Quantum Blockchain Technologies has made significant strides by integrating artificial intelligence into bitcoin mining. The company's new tool, Method C AI Oracle, is said to enhance the efficiency of bitcoin mining operations by either reducing energy costs or increasing speed, with a 30% improvement over traditional methods. Despite these claims, questions remain about the technology's real-world application and effectiveness as no demonstration video has been provided yet. More details can be found at https://www.ft.com/content/5acb33a2-4690-4f56-add3-7e2b01530a21.
Bitcoin: Bubble or Opportunity?
A recent article from Nasdaq explores whether Bitcoin’s surge past $100K marks it as a bubble or an investment opportunity. With its price skyrocketing post-election due to perceived crypto-friendly policies under President-elect Donald Trump, opinions are divided on future prospects. While some cite easing regulations and limited supply as reasons for continued growth, others point out high volatility and lack of intrinsic value as potential pitfalls. For more insights visit https://www.nasdaq.com/articles/bitcoin-bubble-100k-or-should-i-get-now.
Adapting Bitcoin Against Quantum Threats
The Quantum Insider discusses how advances in quantum computing could pose threats to Bitcoin’s security infrastructure but highlights ongoing efforts to develop quantum-resistant solutions like Lamport signatures. Researchers believe that while digital signatures and hash functions may become vulnerable, Bitcoin’s open-source nature will allow it to evolve incrementally through community-driven updates similar to previous upgrades such as Taproot. This proactive approach aims at maintaining blockchain integrity against emerging technological challenges, detailed further at https://thequantuminsider.com/2025/01/19/researcher-bitcoin-will-evolve-to-meet-quantum-threat/.
Billionaires Shift Investments From Nvidia To Bitcoin ETFs
The Motley Fool reveals a trend among billionaire investors who are selling shares in Nvidia after its massive growth run and instead investing heavily in iShares' top spot price ETF for Bitcoin (IBIT). Cathie Wood predicts this shift might lead Bitcoin’s valuation soaring up by 3,700%, potentially outperforming other tech stocks including Nvidia itself if predictions hold true till 2030 according to her analysis available via https://www.fool.com/investing/2025/01/19/billionaires-sell-nvidia-to-buy-a-bitcoin-etf/.
Sources:
- Quantum Blockchain mines bitcoin with AI and we have more questions
- Is Bitcoin a Bubble at $100K, or Should I Get in Now?
- Researcher: Bitcoin Will Evolve to Meet Quantum Threat
- Billionaires Are Selling Nvidia and Buying a Bitcoin ETF That Cathie Wood Thinks Could Soar Up to 3,700%
- Watch These Bitcoin Price Levels After Inauguration Day Volatility
- Trump's new meme coin soars on his first day in office, lifts other tokens
