[AI Crypto project progress] AI Mining development

We would like to thank you for your interest in the AI Crypto project. At present, AI Crypto has taken various strategies to increase the value of AIC. Among them, AI Mining development status in progress is disclosed here.

AI Mining has the potential to overtake the existing mining economy since this will provide more efficient technology than its traditional mining economy.

AI Mining

AI Mining is AI Crypto’s own block-chain network. It is a new consensus method that uses computational resources used to form new blocks through Proof of Work (PoW) to develop AI. AI Mining is designed to use Deep-Learning by including Deep-Learning operation in existing Hash Algorithm by using Proof of Computing (PoC) method, and it is designed to use most operations in Deep-Learning by lowering hash difficulty.

AI Crypto ecosystem in which GPU, Dataset, and Model are distributed 1) AI Deep Learning Technology and 2) AI Mining are being developed.

1)AI Deep Learning

As it can be found in the AI Crypto’s white paper, participants in the AI Crypto ecosystem provide artificial intelligence resources to the platform. At the same time, the provided Model is standardized for immediate use within the platform.

The supplied Dataset requires a large capacity to undergo a deep learning process. However, it is inefficient to handle deep-learning processes by sending large data sets in a distributed environment. Therefore, we plan to solve the bandwidth problem by pre-processing the data which are actually needed for deep learning and sending only the digitized data.

2)AI Mining

Among the artificial intelligence resources provided, Computing Power (GPU) is used as a distributed deep learning tool. This is done by AI Mining, where each GPU on the network is connected and used for deep learning and forms a block.

As mentioned above, AI Mining will run a mandatory deep learning operation to include before its hashing algorithm, and most of operations will be valid because of the lowered hash difficulty.

3)Why is AI Mining important?

Participants who earn payoff through traditional mining methods will be able to earn higher profits through AI Mining. At present, the price of hardware for mining is very expensive and it generates about $0.3 per GPU at a cost of $0.9 to $24 per hour.

AI Mining is a consensus algorithm that allows GPUs to be used in deep learning for AI development, rather than being used as a traditional method for simple mining, resulting in higher efficiency. By participating in AI Mining in the Mining Pool around the world, we will create greater value through AIC.

AI CRYPTO Team will continue to strive to make our project the BEST!

Thank you.


Official Homepage : https://aicrypto.ai/

WhitePaper : https://aicrypto.ai/AIC_WhitePaper_Eng.pdf

Github : https://github.com/AI-CRYPTO

Telegram : https://t.me/aicryptoai

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