Was not expecting to see so much green when I woke up this morning. Hiccup in the dip or the beginning of a recovery?
There seems to be a 1-2 week cycle, general trend is down but it never flies downard that quickly without a recovery. At least what i've noticed lately.
They'll probably be like Blockfi and just give you shit fills and make their money that way instead of transparently charging a fee.
God every time i see phrases like "retail wealth clients" i think of my time working for a multinational bank and get irrationally angry.
I assume it just means all retail. The article says that their high net worth ($2m+ invested) have access to a different fund.
The bank i worked at called retail retail banking and high net worth private wealth, so I honestly don't know which it is. However it's more just the terminology makes me think of how terrible large bank work culture is.
More buyers than sellers Various on chain analysts have been calling for this for awhile now though; supply shock, short squeeze, etc.
Totally expected another slow night into a losing Monday….this is nice Was gonna pump some more in tomorrow, oh well
it would be very expensive to develop and what happens if it fails? If one of 50k fails you just swap it out.
My understanding is that the processing power and chips don’t exist to even make it remotely possible.
it's hilarious that CATHIE WOODS has become an expert panelist on anything she was heavy into Tesla a couple of years ago with an outrageous price target. and her reasoning was that the cars would serve as taxis ("robotaxis") and generate owners $10K/year at minimum a bit later, she released one of her firm's investment models and the whole thing was high school level: https://themarketplunger.com/2019/05/26/when-models-fail/
There no advantage to it so no one has designed anything like it. Practically speaking you are right. I really doubt a computer is going to be built to use 600 MW of power, but in theory you could make multichip boards, there is just less advantage to doing so. Thing like antminers as designed to be simple, efficient as possible with no overhead. Making more complex systems will have more overhead. Additionally I would assume more powerful, larger chips would be more expensive to design and manufacture in terms of total dollars/hash. So I just wanted to give context to beerme that before we even get to whether they could make the miners 2x or 3x or 10x times as powerful and large, there are many issues that might affect whether anyone would want to.
An interesting tidbit that the worlds fastest computer is also one of the most efficient in the world in power consumption, drawing "only" 5 MW. EDIT: Apparently, I'm about a year out of date and a new one is at 30 MW.
Pretty sure Elon said the same. That their cars would be appreciating assets. Elon homers in the Tesla thread bought it.
Are we under the assumption that there's just not going to be AI driving cars in the near future or? Idk if tesla is going to be the first to do it but it's for sure going to happen at some point in the future and you could argue tesla is best positioned to capitalize on it.
Agree. I don't think I'll be able to send my car off at night to work as a taxi while I sleep and make me $10k per month though.