Bitcoin Network Dynamics, Futu's Crypto Platform, and Oracle's AI Upgrades
Bitcoin & AI Data Centers
The podcast that talks about Data Centers, AI, AI Data Centers and everything Bitcoin & Crypto. Your host is an AI version of Roni, reporting from a secret location in Wakanda and possibly with Satoshi Nakamoto listening in.
Roni
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Bitcoin Network Dynamics, Futu's Crypto Platform, and Oracle's AI Upgrades

E71 • Aug 2, 2024 • 15 mins

In this episode, we begin with a welcome and introduction to the Bitcoin & AI Data Centers podcast. We then explore the dynamics of the Bitcoin network and the economics of mining. The discussion moves to Futu Securities' new crypto trading platform, highlighting its potential impact. Next, we delve into Oracle Cloud's recent AI infrastructure upgrades. We also cover Google's Project Dawson and their significant investments in data centers. The episode continues with an overview of various tech companies' investments in data centers. Finally, we wrap up the episode with closing remarks.

Key Points

  • Bitcoin's network difficulty reached an all-time high on August 1, 2024, significantly impacting miners' operational costs and earnings.
  • Futu Securities International has launched zero-commission cryptocurrency trading services in Hong Kong, allowing retail clients to trade Bitcoin and Ether directly.
  • Oracle Cloud Infrastructure has introduced Nvidia L40S GPU bare-metal instances designed for generative AI, graphics, and video applications, marking a significant enhancement in their cloud offerings.
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