2/Mining needs to be more efficient. Driving towards clean and efficient energy use is great for Bitcoin’s economics, impact, and scalability. Energy is a system-level problem that requires innovation in silicon, software, and integration. What are the largest opportunities here?
5/Mining isn’t accessible to everyone. Bitcoin mining should be as easy as plugging a rig into a power source. There isn’t enough incentive today for individuals to overcome the complexity of running a miner for themselves. What are the biggest barriers for people running miners?
COMMENTS:
These three questions are closely intertwined.
The biggest barrier is a complexity of installation of all software.
It is solved by the PressXAI-MindTM unification into Common Lisp environment.
The second problem is of course the energy cost, but there is a twisted logic behind it.
If the energy was free of costs for everyone, it would not improve the mining efficiency.
The best solution is making incentives by creating a fully green chains of energy production.
It shall start from a silicon design, and it shall end up on the photovoltaic on the roof.
The greener the chain, the better awards from the mining shall be applied for the home owner.
3/Silicon design is too concentrated into a few companies. This means supply is likely overly constrained. Silicon development is very expensive, requires long term investment, and is best coupled tightly with software and system design. Why aren’t more companies doing this work?
COMMENTS:
It is kind of similar situation to having the drugs production moved from the US/Europe to China.
Drugs/Silicon is the R&D and labour expensive, so it was cheaper and easier just to purchase it.
Until now when the production of the cars etc. was halted.
One of the possible solutions is a global community co-operation.
Chips in the cars and satellites are complex, but for many applications, they don't have to be.
Oct 15th 2021 - Raspberry Pi project wins North America’s largest hackathon.
The University of Waterloo in Ontario, Canada, tagged in some good news: “This weekend we competed in Hack the North 2021, North America’s largest hackathon… AND WE WON!”
scaNFT, a system that allows you to scan any object, turn it into a 3D image and upload it as an NFT (non-fungible token), was the winning
project. And they did it all within 24 hours. It’s super simple to use.
What a beautiful combination of an accessible hardware and 3D software, juiced by the NFT's clever use!
4/There isn’t enough focus on vertical integration. Considering hardware, software, productization, and distribution requires accountability for delivering to an end customer vs improving a single technology in the chain. Does seeing this as a single system improve accessibility?
COMMENTS:
We need a single programming language, like Common Lisp which can cope with it.
Putting things into the chain is an improvement, but not a comprehensive solution.
A simple case-study from our direct experience - a construction site.
There is precise Purchase Order placed for 10 products, but only 8 are physically delivered.
Someone has to do a lot of work:
- reconciling Purchase Order with a Delivery Document,
- comparing a Delivery Document with the Invoice, which is often sent together.
- applying to a supplier for making changes on the invoice, by deducting undelivered products.
- finally two missing items need to delivered again, based on a new Purchase Order, or the old one.
Delivery chains are "simple" when all goes right, and become very complex, when the opposite happens.
Therefore either no chain is needed, or the existing smart contracts can't manage problems at all.
The first step is to design smart contracts properly, for a single, but complex operations.
These smart contracts shall be "common" for all participants in the chain.
Product manufacturer, supplier and project manager have to work in the same environment.
Lack of co-ordination is causing vast project delays, and the same applies to silicon manufacturing.
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