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McKinsey & Co released a report titled \"Value Creation In The Metaverse<\/a>\" which predicted the possibility of generating US$5T by 2030 through the metaverse. This included content and experiences, platforms, infrastructure and hardware, and enablers in their valuation. Could this figure be representative of where the metaverse is really headed?<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>REALM Receives $10M to Accelerate Play2Own Sustainable Metaverse<\/a><\/p>\n","post_title":"Buying Metaverse Land Is Dumb Believes Mark Cuban","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"buying-metaverse-land-is-dumb-believes-mark-cuban","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-name-service\/","post_modified":"2023-04-11 00:11:38","post_modified_gmt":"2023-04-10 14:11:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6589","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Cuban mentioned Yuga Labs, in which he invests, and their land sale last year raising over US$317M<\/a> as \"dumb\", although \"it was great money for them\" it \"wasn't based off a utility.\"<\/li><\/ul>\n\n\n\n
McKinsey & Co released a report titled \"Value Creation In The Metaverse<\/a>\" which predicted the possibility of generating US$5T by 2030 through the metaverse. This included content and experiences, platforms, infrastructure and hardware, and enablers in their valuation. Could this figure be representative of where the metaverse is really headed?<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>REALM Receives $10M to Accelerate Play2Own Sustainable Metaverse<\/a><\/p>\n","post_title":"Buying Metaverse Land Is Dumb Believes Mark Cuban","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"buying-metaverse-land-is-dumb-believes-mark-cuban","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-name-service\/","post_modified":"2023-04-11 00:11:38","post_modified_gmt":"2023-04-10 14:11:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6589","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Cuban had compared the investment in digital real estate to that of URLs or Ethereum Name Service<\/a> (ENS) saying \u201cIt\u2019s not even as good as a URL or an ENS, because there\u2019s unlimited volumes that you can create.\u201d Implying that value comes from scarcity.<\/li><\/ul>\n\n\n\n
Cuban mentioned Yuga Labs, in which he invests, and their land sale last year raising over US$317M<\/a> as \"dumb\", although \"it was great money for them\" it \"wasn't based off a utility.\"<\/li><\/ul>\n\n\n\n
McKinsey & Co released a report titled \"Value Creation In The Metaverse<\/a>\" which predicted the possibility of generating US$5T by 2030 through the metaverse. This included content and experiences, platforms, infrastructure and hardware, and enablers in their valuation. Could this figure be representative of where the metaverse is really headed?<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>REALM Receives $10M to Accelerate Play2Own Sustainable Metaverse<\/a><\/p>\n","post_title":"Buying Metaverse Land Is Dumb Believes Mark Cuban","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"buying-metaverse-land-is-dumb-believes-mark-cuban","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-name-service\/","post_modified":"2023-04-11 00:11:38","post_modified_gmt":"2023-04-10 14:11:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6589","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
In an interview<\/a> with the YouTube channel Altcoin Daily<\/em>, Cuban discusses that the metaverse is still a loosely defined term and there isn't a single direction that it is heading. \u201cIt won\u2019t be just one size fits all. There\u2019ll be a lot of different applications. And a lot of ways of defining the metaverse. But right now it\u2019s more talk than anything,\u201d said Cuban.<\/li><\/ul>\n\n\n\n
Cuban had compared the investment in digital real estate to that of URLs or Ethereum Name Service<\/a> (ENS) saying \u201cIt\u2019s not even as good as a URL or an ENS, because there\u2019s unlimited volumes that you can create.\u201d Implying that value comes from scarcity.<\/li><\/ul>\n\n\n\n
Cuban mentioned Yuga Labs, in which he invests, and their land sale last year raising over US$317M<\/a> as \"dumb\", although \"it was great money for them\" it \"wasn't based off a utility.\"<\/li><\/ul>\n\n\n\n
McKinsey & Co released a report titled \"Value Creation In The Metaverse<\/a>\" which predicted the possibility of generating US$5T by 2030 through the metaverse. This included content and experiences, platforms, infrastructure and hardware, and enablers in their valuation. Could this figure be representative of where the metaverse is really headed?<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>REALM Receives $10M to Accelerate Play2Own Sustainable Metaverse<\/a><\/p>\n","post_title":"Buying Metaverse Land Is Dumb Believes Mark Cuban","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"buying-metaverse-land-is-dumb-believes-mark-cuban","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-name-service\/","post_modified":"2023-04-11 00:11:38","post_modified_gmt":"2023-04-10 14:11:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6589","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
Billionaire investor and crypto advocate Mark Cuban believes that buying real estate within the metaverse is \"just the dumbest shit ever,\u201d as prices plummet from their all-time highs last year.<\/p>\n\n\n\n
In an interview<\/a> with the YouTube channel Altcoin Daily<\/em>, Cuban discusses that the metaverse is still a loosely defined term and there isn't a single direction that it is heading. \u201cIt won\u2019t be just one size fits all. There\u2019ll be a lot of different applications. And a lot of ways of defining the metaverse. But right now it\u2019s more talk than anything,\u201d said Cuban.<\/li><\/ul>\n\n\n\n
Cuban had compared the investment in digital real estate to that of URLs or Ethereum Name Service<\/a> (ENS) saying \u201cIt\u2019s not even as good as a URL or an ENS, because there\u2019s unlimited volumes that you can create.\u201d Implying that value comes from scarcity.<\/li><\/ul>\n\n\n\n
Cuban mentioned Yuga Labs, in which he invests, and their land sale last year raising over US$317M<\/a> as \"dumb\", although \"it was great money for them\" it \"wasn't based off a utility.\"<\/li><\/ul>\n\n\n\n
McKinsey & Co released a report titled \"Value Creation In The Metaverse<\/a>\" which predicted the possibility of generating US$5T by 2030 through the metaverse. This included content and experiences, platforms, infrastructure and hardware, and enablers in their valuation. Could this figure be representative of where the metaverse is really headed?<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>REALM Receives $10M to Accelerate Play2Own Sustainable Metaverse<\/a><\/p>\n","post_title":"Buying Metaverse Land Is Dumb Believes Mark Cuban","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"buying-metaverse-land-is-dumb-believes-mark-cuban","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-name-service\/","post_modified":"2023-04-11 00:11:38","post_modified_gmt":"2023-04-10 14:11:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6589","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
As of writing, the price of Bitcoin is at $63,760, and 2 blocks remaining until the next Bitcoin halving.<\/p>\n","post_title":"Bitcoin Halving To Slash Miner Earnings, Cuban Eyes AI Shift","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-halving-to-slash-miner-earnings-cuban-eyes-ai-shift","to_ping":"","pinged":"","post_modified":"2024-04-21 10:10:00","post_modified_gmt":"2024-04-21 00:10:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16491","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6589,"post_author":"1","post_date":"2022-08-11 22:17:38","post_date_gmt":"2022-08-11 12:17:38","post_content":"\n
Billionaire investor and crypto advocate Mark Cuban believes that buying real estate within the metaverse is \"just the dumbest shit ever,\u201d as prices plummet from their all-time highs last year.<\/p>\n\n\n\n
In an interview<\/a> with the YouTube channel Altcoin Daily<\/em>, Cuban discusses that the metaverse is still a loosely defined term and there isn't a single direction that it is heading. \u201cIt won\u2019t be just one size fits all. There\u2019ll be a lot of different applications. And a lot of ways of defining the metaverse. But right now it\u2019s more talk than anything,\u201d said Cuban.<\/li><\/ul>\n\n\n\n
Cuban had compared the investment in digital real estate to that of URLs or Ethereum Name Service<\/a> (ENS) saying \u201cIt\u2019s not even as good as a URL or an ENS, because there\u2019s unlimited volumes that you can create.\u201d Implying that value comes from scarcity.<\/li><\/ul>\n\n\n\n
Cuban mentioned Yuga Labs, in which he invests, and their land sale last year raising over US$317M<\/a> as \"dumb\", although \"it was great money for them\" it \"wasn't based off a utility.\"<\/li><\/ul>\n\n\n\n
McKinsey & Co released a report titled \"Value Creation In The Metaverse<\/a>\" which predicted the possibility of generating US$5T by 2030 through the metaverse. This included content and experiences, platforms, infrastructure and hardware, and enablers in their valuation. Could this figure be representative of where the metaverse is really headed?<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>REALM Receives $10M to Accelerate Play2Own Sustainable Metaverse<\/a><\/p>\n","post_title":"Buying Metaverse Land Is Dumb Believes Mark Cuban","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"buying-metaverse-land-is-dumb-believes-mark-cuban","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-name-service\/","post_modified":"2023-04-11 00:11:38","post_modified_gmt":"2023-04-10 14:11:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6589","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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\n
Bitcoin halving is a significant event in the cryptocurrency world that occurs approximately every four years, or after 210,000 blocks are mined. During a halving, bitcoin miners' reward for verifying transactions and adding them to the blockchain is reduced by half. This mechanism was designed by Satoshi Nakamoto, the anonymous creator of Bitcoin, to control inflation by limiting the total number of bitcoins that can ever be in circulation to 21 million.<\/p>\n\n\n\n
As of writing, the price of Bitcoin is at $63,760, and 2 blocks remaining until the next Bitcoin halving.<\/p>\n","post_title":"Bitcoin Halving To Slash Miner Earnings, Cuban Eyes AI Shift","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-halving-to-slash-miner-earnings-cuban-eyes-ai-shift","to_ping":"","pinged":"","post_modified":"2024-04-21 10:10:00","post_modified_gmt":"2024-04-21 00:10:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16491","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6589,"post_author":"1","post_date":"2022-08-11 22:17:38","post_date_gmt":"2022-08-11 12:17:38","post_content":"\n
Billionaire investor and crypto advocate Mark Cuban believes that buying real estate within the metaverse is \"just the dumbest shit ever,\u201d as prices plummet from their all-time highs last year.<\/p>\n\n\n\n
In an interview<\/a> with the YouTube channel Altcoin Daily<\/em>, Cuban discusses that the metaverse is still a loosely defined term and there isn't a single direction that it is heading. \u201cIt won\u2019t be just one size fits all. There\u2019ll be a lot of different applications. And a lot of ways of defining the metaverse. But right now it\u2019s more talk than anything,\u201d said Cuban.<\/li><\/ul>\n\n\n\n
Cuban had compared the investment in digital real estate to that of URLs or Ethereum Name Service<\/a> (ENS) saying \u201cIt\u2019s not even as good as a URL or an ENS, because there\u2019s unlimited volumes that you can create.\u201d Implying that value comes from scarcity.<\/li><\/ul>\n\n\n\n
Cuban mentioned Yuga Labs, in which he invests, and their land sale last year raising over US$317M<\/a> as \"dumb\", although \"it was great money for them\" it \"wasn't based off a utility.\"<\/li><\/ul>\n\n\n\n
McKinsey & Co released a report titled \"Value Creation In The Metaverse<\/a>\" which predicted the possibility of generating US$5T by 2030 through the metaverse. This included content and experiences, platforms, infrastructure and hardware, and enablers in their valuation. Could this figure be representative of where the metaverse is really headed?<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>REALM Receives $10M to Accelerate Play2Own Sustainable Metaverse<\/a><\/p>\n","post_title":"Buying Metaverse Land Is Dumb Believes Mark Cuban","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"buying-metaverse-land-is-dumb-believes-mark-cuban","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-name-service\/","post_modified":"2023-04-11 00:11:38","post_modified_gmt":"2023-04-10 14:11:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6589","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

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Follow The Distributed

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\n
Bitcoin Halving is Coming<\/h2>\n\n\n\n
Bitcoin halving is a significant event in the cryptocurrency world that occurs approximately every four years, or after 210,000 blocks are mined. During a halving, bitcoin miners' reward for verifying transactions and adding them to the blockchain is reduced by half. This mechanism was designed by Satoshi Nakamoto, the anonymous creator of Bitcoin, to control inflation by limiting the total number of bitcoins that can ever be in circulation to 21 million.<\/p>\n\n\n\n
As of writing, the price of Bitcoin is at $63,760, and 2 blocks remaining until the next Bitcoin halving.<\/p>\n","post_title":"Bitcoin Halving To Slash Miner Earnings, Cuban Eyes AI Shift","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-halving-to-slash-miner-earnings-cuban-eyes-ai-shift","to_ping":"","pinged":"","post_modified":"2024-04-21 10:10:00","post_modified_gmt":"2024-04-21 00:10:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16491","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6589,"post_author":"1","post_date":"2022-08-11 22:17:38","post_date_gmt":"2022-08-11 12:17:38","post_content":"\n
Billionaire investor and crypto advocate Mark Cuban believes that buying real estate within the metaverse is \"just the dumbest shit ever,\u201d as prices plummet from their all-time highs last year.<\/p>\n\n\n\n
In an interview<\/a> with the YouTube channel Altcoin Daily<\/em>, Cuban discusses that the metaverse is still a loosely defined term and there isn't a single direction that it is heading. \u201cIt won\u2019t be just one size fits all. There\u2019ll be a lot of different applications. And a lot of ways of defining the metaverse. But right now it\u2019s more talk than anything,\u201d said Cuban.<\/li><\/ul>\n\n\n\n
Cuban had compared the investment in digital real estate to that of URLs or Ethereum Name Service<\/a> (ENS) saying \u201cIt\u2019s not even as good as a URL or an ENS, because there\u2019s unlimited volumes that you can create.\u201d Implying that value comes from scarcity.<\/li><\/ul>\n\n\n\n
Cuban mentioned Yuga Labs, in which he invests, and their land sale last year raising over US$317M<\/a> as \"dumb\", although \"it was great money for them\" it \"wasn't based off a utility.\"<\/li><\/ul>\n\n\n\n
McKinsey & Co released a report titled \"Value Creation In The Metaverse<\/a>\" which predicted the possibility of generating US$5T by 2030 through the metaverse. This included content and experiences, platforms, infrastructure and hardware, and enablers in their valuation. Could this figure be representative of where the metaverse is really headed?<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>REALM Receives $10M to Accelerate Play2Own Sustainable Metaverse<\/a><\/p>\n","post_title":"Buying Metaverse Land Is Dumb Believes Mark Cuban","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"buying-metaverse-land-is-dumb-believes-mark-cuban","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-name-service\/","post_modified":"2023-04-11 00:11:38","post_modified_gmt":"2023-04-10 14:11:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6589","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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ADVERTISEMENT

\n
See Related:<\/em><\/strong> Cryptocurrency Statistics And Insights (2022)<\/a><\/p>\n\n\n\n
Bitcoin Halving is Coming<\/h2>\n\n\n\n
Bitcoin halving is a significant event in the cryptocurrency world that occurs approximately every four years, or after 210,000 blocks are mined. During a halving, bitcoin miners' reward for verifying transactions and adding them to the blockchain is reduced by half. This mechanism was designed by Satoshi Nakamoto, the anonymous creator of Bitcoin, to control inflation by limiting the total number of bitcoins that can ever be in circulation to 21 million.<\/p>\n\n\n\n
As of writing, the price of Bitcoin is at $63,760, and 2 blocks remaining until the next Bitcoin halving.<\/p>\n","post_title":"Bitcoin Halving To Slash Miner Earnings, Cuban Eyes AI Shift","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-halving-to-slash-miner-earnings-cuban-eyes-ai-shift","to_ping":"","pinged":"","post_modified":"2024-04-21 10:10:00","post_modified_gmt":"2024-04-21 00:10:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16491","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6589,"post_author":"1","post_date":"2022-08-11 22:17:38","post_date_gmt":"2022-08-11 12:17:38","post_content":"\n
Billionaire investor and crypto advocate Mark Cuban believes that buying real estate within the metaverse is \"just the dumbest shit ever,\u201d as prices plummet from their all-time highs last year.<\/p>\n\n\n\n
In an interview<\/a> with the YouTube channel Altcoin Daily<\/em>, Cuban discusses that the metaverse is still a loosely defined term and there isn't a single direction that it is heading. \u201cIt won\u2019t be just one size fits all. There\u2019ll be a lot of different applications. And a lot of ways of defining the metaverse. But right now it\u2019s more talk than anything,\u201d said Cuban.<\/li><\/ul>\n\n\n\n
Cuban had compared the investment in digital real estate to that of URLs or Ethereum Name Service<\/a> (ENS) saying \u201cIt\u2019s not even as good as a URL or an ENS, because there\u2019s unlimited volumes that you can create.\u201d Implying that value comes from scarcity.<\/li><\/ul>\n\n\n\n
Cuban mentioned Yuga Labs, in which he invests, and their land sale last year raising over US$317M<\/a> as \"dumb\", although \"it was great money for them\" it \"wasn't based off a utility.\"<\/li><\/ul>\n\n\n\n
McKinsey & Co released a report titled \"Value Creation In The Metaverse<\/a>\" which predicted the possibility of generating US$5T by 2030 through the metaverse. This included content and experiences, platforms, infrastructure and hardware, and enablers in their valuation. Could this figure be representative of where the metaverse is really headed?<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>REALM Receives $10M to Accelerate Play2Own Sustainable Metaverse<\/a><\/p>\n","post_title":"Buying Metaverse Land Is Dumb Believes Mark Cuban","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"buying-metaverse-land-is-dumb-believes-mark-cuban","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-name-service\/","post_modified":"2023-04-11 00:11:38","post_modified_gmt":"2023-04-10 14:11:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6589","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n
The intersection of AI and cryptocurrency mining is already seeing practical applications, with companies like Xive and Hive Digital Technologies expanding into AI to bolster their primary mining operations. <\/p>\n\n\n\n
See Related:<\/em><\/strong> Cryptocurrency Statistics And Insights (2022)<\/a><\/p>\n\n\n\n
Bitcoin Halving is Coming<\/h2>\n\n\n\n
Bitcoin halving is a significant event in the cryptocurrency world that occurs approximately every four years, or after 210,000 blocks are mined. During a halving, bitcoin miners' reward for verifying transactions and adding them to the blockchain is reduced by half. This mechanism was designed by Satoshi Nakamoto, the anonymous creator of Bitcoin, to control inflation by limiting the total number of bitcoins that can ever be in circulation to 21 million.<\/p>\n\n\n\n
As of writing, the price of Bitcoin is at $63,760, and 2 blocks remaining until the next Bitcoin halving.<\/p>\n","post_title":"Bitcoin Halving To Slash Miner Earnings, Cuban Eyes AI Shift","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-halving-to-slash-miner-earnings-cuban-eyes-ai-shift","to_ping":"","pinged":"","post_modified":"2024-04-21 10:10:00","post_modified_gmt":"2024-04-21 00:10:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16491","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6589,"post_author":"1","post_date":"2022-08-11 22:17:38","post_date_gmt":"2022-08-11 12:17:38","post_content":"\n
Billionaire investor and crypto advocate Mark Cuban believes that buying real estate within the metaverse is \"just the dumbest shit ever,\u201d as prices plummet from their all-time highs last year.<\/p>\n\n\n\n
In an interview<\/a> with the YouTube channel Altcoin Daily<\/em>, Cuban discusses that the metaverse is still a loosely defined term and there isn't a single direction that it is heading. \u201cIt won\u2019t be just one size fits all. There\u2019ll be a lot of different applications. And a lot of ways of defining the metaverse. But right now it\u2019s more talk than anything,\u201d said Cuban.<\/li><\/ul>\n\n\n\n
Cuban had compared the investment in digital real estate to that of URLs or Ethereum Name Service<\/a> (ENS) saying \u201cIt\u2019s not even as good as a URL or an ENS, because there\u2019s unlimited volumes that you can create.\u201d Implying that value comes from scarcity.<\/li><\/ul>\n\n\n\n
Cuban mentioned Yuga Labs, in which he invests, and their land sale last year raising over US$317M<\/a> as \"dumb\", although \"it was great money for them\" it \"wasn't based off a utility.\"<\/li><\/ul>\n\n\n\n
McKinsey & Co released a report titled \"Value Creation In The Metaverse<\/a>\" which predicted the possibility of generating US$5T by 2030 through the metaverse. This included content and experiences, platforms, infrastructure and hardware, and enablers in their valuation. Could this figure be representative of where the metaverse is really headed?<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>REALM Receives $10M to Accelerate Play2Own Sustainable Metaverse<\/a><\/p>\n","post_title":"Buying Metaverse Land Is Dumb Believes Mark Cuban","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"buying-metaverse-land-is-dumb-believes-mark-cuban","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-name-service\/","post_modified":"2023-04-11 00:11:38","post_modified_gmt":"2023-04-10 14:11:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6589","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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April 21, 2024

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November 24, 2024

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December 3, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Cuban highlighted the intense competition between AI's needs for GPUs and cryptocurrency mining's demands. He questioned whether the economic landscape of mining could be altered by the booming AI industry, asking if it might be more profitable to utilize GPUs for AI model training rather than mining. This issue primarily affects miners using GPUs for cryptocurrencies other than Bitcoin, which typically relies on ASIC machines.<\/p>\n\n\n\n
The intersection of AI and cryptocurrency mining is already seeing practical applications, with companies like Xive and Hive Digital Technologies expanding into AI to bolster their primary mining operations. <\/p>\n\n\n\n
See Related:<\/em><\/strong> Cryptocurrency Statistics And Insights (2022)<\/a><\/p>\n\n\n\n
Bitcoin Halving is Coming<\/h2>\n\n\n\n
Bitcoin halving is a significant event in the cryptocurrency world that occurs approximately every four years, or after 210,000 blocks are mined. During a halving, bitcoin miners' reward for verifying transactions and adding them to the blockchain is reduced by half. This mechanism was designed by Satoshi Nakamoto, the anonymous creator of Bitcoin, to control inflation by limiting the total number of bitcoins that can ever be in circulation to 21 million.<\/p>\n\n\n\n
As of writing, the price of Bitcoin is at $63,760, and 2 blocks remaining until the next Bitcoin halving.<\/p>\n","post_title":"Bitcoin Halving To Slash Miner Earnings, Cuban Eyes AI Shift","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-halving-to-slash-miner-earnings-cuban-eyes-ai-shift","to_ping":"","pinged":"","post_modified":"2024-04-21 10:10:00","post_modified_gmt":"2024-04-21 00:10:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16491","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6589,"post_author":"1","post_date":"2022-08-11 22:17:38","post_date_gmt":"2022-08-11 12:17:38","post_content":"\n
Billionaire investor and crypto advocate Mark Cuban believes that buying real estate within the metaverse is \"just the dumbest shit ever,\u201d as prices plummet from their all-time highs last year.<\/p>\n\n\n\n
In an interview<\/a> with the YouTube channel Altcoin Daily<\/em>, Cuban discusses that the metaverse is still a loosely defined term and there isn't a single direction that it is heading. \u201cIt won\u2019t be just one size fits all. There\u2019ll be a lot of different applications. And a lot of ways of defining the metaverse. But right now it\u2019s more talk than anything,\u201d said Cuban.<\/li><\/ul>\n\n\n\n
Cuban had compared the investment in digital real estate to that of URLs or Ethereum Name Service<\/a> (ENS) saying \u201cIt\u2019s not even as good as a URL or an ENS, because there\u2019s unlimited volumes that you can create.\u201d Implying that value comes from scarcity.<\/li><\/ul>\n\n\n\n
Cuban mentioned Yuga Labs, in which he invests, and their land sale last year raising over US$317M<\/a> as \"dumb\", although \"it was great money for them\" it \"wasn't based off a utility.\"<\/li><\/ul>\n\n\n\n
McKinsey & Co released a report titled \"Value Creation In The Metaverse<\/a>\" which predicted the possibility of generating US$5T by 2030 through the metaverse. This included content and experiences, platforms, infrastructure and hardware, and enablers in their valuation. Could this figure be representative of where the metaverse is really headed?<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>REALM Receives $10M to Accelerate Play2Own Sustainable Metaverse<\/a><\/p>\n","post_title":"Buying Metaverse Land Is Dumb Believes Mark Cuban","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"buying-metaverse-land-is-dumb-believes-mark-cuban","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-name-service\/","post_modified":"2023-04-11 00:11:38","post_modified_gmt":"2023-04-10 14:11:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6589","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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Bitcoin Halving To Slash Miner Earnings, Cuban Eyes AI Shift

April 21, 2024

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Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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August 15, 2024

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November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
During an interview <\/a>with The Block, Cuban pointed out that the halving will reduce mining rewards from 6.25 BTC to 3.125 BTC, effectively slashing the income for bitcoin miners by nearly half. However, Cuban expressed greater curiosity about the role artificial intelligence (AI) might play in the mining sector, especially concerning the demand for GPUs.<\/p>\n\n\n\n
Cuban highlighted the intense competition between AI's needs for GPUs and cryptocurrency mining's demands. He questioned whether the economic landscape of mining could be altered by the booming AI industry, asking if it might be more profitable to utilize GPUs for AI model training rather than mining. This issue primarily affects miners using GPUs for cryptocurrencies other than Bitcoin, which typically relies on ASIC machines.<\/p>\n\n\n\n
The intersection of AI and cryptocurrency mining is already seeing practical applications, with companies like Xive and Hive Digital Technologies expanding into AI to bolster their primary mining operations. <\/p>\n\n\n\n
See Related:<\/em><\/strong> Cryptocurrency Statistics And Insights (2022)<\/a><\/p>\n\n\n\n
Bitcoin Halving is Coming<\/h2>\n\n\n\n
Bitcoin halving is a significant event in the cryptocurrency world that occurs approximately every four years, or after 210,000 blocks are mined. During a halving, bitcoin miners' reward for verifying transactions and adding them to the blockchain is reduced by half. This mechanism was designed by Satoshi Nakamoto, the anonymous creator of Bitcoin, to control inflation by limiting the total number of bitcoins that can ever be in circulation to 21 million.<\/p>\n\n\n\n
As of writing, the price of Bitcoin is at $63,760, and 2 blocks remaining until the next Bitcoin halving.<\/p>\n","post_title":"Bitcoin Halving To Slash Miner Earnings, Cuban Eyes AI Shift","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-halving-to-slash-miner-earnings-cuban-eyes-ai-shift","to_ping":"","pinged":"","post_modified":"2024-04-21 10:10:00","post_modified_gmt":"2024-04-21 00:10:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16491","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6589,"post_author":"1","post_date":"2022-08-11 22:17:38","post_date_gmt":"2022-08-11 12:17:38","post_content":"\n
Billionaire investor and crypto advocate Mark Cuban believes that buying real estate within the metaverse is \"just the dumbest shit ever,\u201d as prices plummet from their all-time highs last year.<\/p>\n\n\n\n
In an interview<\/a> with the YouTube channel Altcoin Daily<\/em>, Cuban discusses that the metaverse is still a loosely defined term and there isn't a single direction that it is heading. \u201cIt won\u2019t be just one size fits all. There\u2019ll be a lot of different applications. And a lot of ways of defining the metaverse. But right now it\u2019s more talk than anything,\u201d said Cuban.<\/li><\/ul>\n\n\n\n
Cuban had compared the investment in digital real estate to that of URLs or Ethereum Name Service<\/a> (ENS) saying \u201cIt\u2019s not even as good as a URL or an ENS, because there\u2019s unlimited volumes that you can create.\u201d Implying that value comes from scarcity.<\/li><\/ul>\n\n\n\n
Cuban mentioned Yuga Labs, in which he invests, and their land sale last year raising over US$317M<\/a> as \"dumb\", although \"it was great money for them\" it \"wasn't based off a utility.\"<\/li><\/ul>\n\n\n\n
McKinsey & Co released a report titled \"Value Creation In The Metaverse<\/a>\" which predicted the possibility of generating US$5T by 2030 through the metaverse. This included content and experiences, platforms, infrastructure and hardware, and enablers in their valuation. Could this figure be representative of where the metaverse is really headed?<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>REALM Receives $10M to Accelerate Play2Own Sustainable Metaverse<\/a><\/p>\n","post_title":"Buying Metaverse Land Is Dumb Believes Mark Cuban","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"buying-metaverse-land-is-dumb-believes-mark-cuban","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-name-service\/","post_modified":"2023-04-11 00:11:38","post_modified_gmt":"2023-04-10 14:11:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6589","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

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Bitcoin Halving To Slash Miner Earnings, Cuban Eyes AI Shift

April 21, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

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Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS

ADVERTISEMENT

\n
Entrepreneur and Dallas Mavericks owner Mark Cuban recently discussed the implications of the upcoming Bitcoin halving. He emphasized its significant impact on miner revenues.<\/p>\n\n\n\n
During an interview <\/a>with The Block, Cuban pointed out that the halving will reduce mining rewards from 6.25 BTC to 3.125 BTC, effectively slashing the income for bitcoin miners by nearly half. However, Cuban expressed greater curiosity about the role artificial intelligence (AI) might play in the mining sector, especially concerning the demand for GPUs.<\/p>\n\n\n\n
Cuban highlighted the intense competition between AI's needs for GPUs and cryptocurrency mining's demands. He questioned whether the economic landscape of mining could be altered by the booming AI industry, asking if it might be more profitable to utilize GPUs for AI model training rather than mining. This issue primarily affects miners using GPUs for cryptocurrencies other than Bitcoin, which typically relies on ASIC machines.<\/p>\n\n\n\n
The intersection of AI and cryptocurrency mining is already seeing practical applications, with companies like Xive and Hive Digital Technologies expanding into AI to bolster their primary mining operations. <\/p>\n\n\n\n
See Related:<\/em><\/strong> Cryptocurrency Statistics And Insights (2022)<\/a><\/p>\n\n\n\n
Bitcoin Halving is Coming<\/h2>\n\n\n\n
Bitcoin halving is a significant event in the cryptocurrency world that occurs approximately every four years, or after 210,000 blocks are mined. During a halving, bitcoin miners' reward for verifying transactions and adding them to the blockchain is reduced by half. This mechanism was designed by Satoshi Nakamoto, the anonymous creator of Bitcoin, to control inflation by limiting the total number of bitcoins that can ever be in circulation to 21 million.<\/p>\n\n\n\n
As of writing, the price of Bitcoin is at $63,760, and 2 blocks remaining until the next Bitcoin halving.<\/p>\n","post_title":"Bitcoin Halving To Slash Miner Earnings, Cuban Eyes AI Shift","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-halving-to-slash-miner-earnings-cuban-eyes-ai-shift","to_ping":"","pinged":"","post_modified":"2024-04-21 10:10:00","post_modified_gmt":"2024-04-21 00:10:00","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16491","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":6589,"post_author":"1","post_date":"2022-08-11 22:17:38","post_date_gmt":"2022-08-11 12:17:38","post_content":"\n
Billionaire investor and crypto advocate Mark Cuban believes that buying real estate within the metaverse is \"just the dumbest shit ever,\u201d as prices plummet from their all-time highs last year.<\/p>\n\n\n\n
In an interview<\/a> with the YouTube channel Altcoin Daily<\/em>, Cuban discusses that the metaverse is still a loosely defined term and there isn't a single direction that it is heading. \u201cIt won\u2019t be just one size fits all. There\u2019ll be a lot of different applications. And a lot of ways of defining the metaverse. But right now it\u2019s more talk than anything,\u201d said Cuban.<\/li><\/ul>\n\n\n\n
Cuban had compared the investment in digital real estate to that of URLs or Ethereum Name Service<\/a> (ENS) saying \u201cIt\u2019s not even as good as a URL or an ENS, because there\u2019s unlimited volumes that you can create.\u201d Implying that value comes from scarcity.<\/li><\/ul>\n\n\n\n
Cuban mentioned Yuga Labs, in which he invests, and their land sale last year raising over US$317M<\/a> as \"dumb\", although \"it was great money for them\" it \"wasn't based off a utility.\"<\/li><\/ul>\n\n\n\n
McKinsey & Co released a report titled \"Value Creation In The Metaverse<\/a>\" which predicted the possibility of generating US$5T by 2030 through the metaverse. This included content and experiences, platforms, infrastructure and hardware, and enablers in their valuation. Could this figure be representative of where the metaverse is really headed?<\/li><\/ul>\n\n\n\n
See Related: <\/em><\/strong>REALM Receives $10M to Accelerate Play2Own Sustainable Metaverse<\/a><\/p>\n","post_title":"Buying Metaverse Land Is Dumb Believes Mark Cuban","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"buying-metaverse-land-is-dumb-believes-mark-cuban","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ethereum-name-service\/","post_modified":"2023-04-11 00:11:38","post_modified_gmt":"2023-04-10 14:11:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=6589","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Bitcoin

Bitcoin Halving To Slash Miner Earnings, Cuban Eyes AI Shift

April 21, 2024

Artificial Intelligence

Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

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Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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ADVERTISEMENT

Mark Cuban

Bitcoin

Bitcoin Halving To Slash Miner Earnings, Cuban Eyes AI Shift

Entrepreneur and Dallas Mavericks owner Mark Cuban recently discussed the implications of the upcoming Bitcoin halving. He emphasized its significant ...

by Jeane Claude Vasquez
April 21, 2024

Metaverse

Buying Metaverse Land Is Dumb Believes Mark Cuban

Billionaire investor and crypto advocate Mark Cuban believes that buying real estate within the metaverse is "just the dumbest shit ...

by The Distributed Team
August 11, 2022

Most Read

Bitcoin

Bitcoin Halving To Slash Miner Earnings, Cuban Eyes AI Shift

April 21, 2024

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Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

December 19, 2024

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Introducing Gemini Live: Google’s New AI Feature That Allows Real-Time Conversations

August 15, 2024

Artificial Intelligence

Microsoft Updates Microsoft Azure AI Studio: Introducing Microsoft Azure AI Foundry

November 24, 2024

Artificial Intelligence

Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

December 3, 2024

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By subscribing, you agree with our privacy and terms.

Type your email here

Follow The Distributed

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