Alex Morris

Bitmain Moves to Silicon Valley, Crypto Mining Giant Eyes US Market

Chinese crypto giant Bitmain opens a 16-story office in Silicon Valley
Bitmain Moves to Silicon Valley, Crypto Mining Giant Eyes US Market

Bitmain, the biggest crypto mining company in the world, now occupies a 20,000-square-foot office in San Jose (CA). The Chinese mining giant reportedly moved to Silicon Valley ahead of launching an overseas initial public offering (IPO) in the US.  

Too big not to be noticed   

Bitmain’s decision to flex its muscles in Silicon Valley was absolutely expected. The Beijing-based manufacturer is the 12th biggest company in the world with an estimated value of more than $12 bln. Apart from effectively establishing a near-monopoly on hardware (which has been further cemented with a recent release of the game-changing Antminer Z9 Mini), Bitmain also operates two major mining pools BTC.com and Antpool who are responsible for almost half of Bitcoin’s mining power.     

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However, the company is not really known anywhere outside of the crypto industry. Occupying a huge 16-story office in Silicon Valley will undoubtedly help Bitmain’s CEO Jihan Wu to further extend his digital empire while investing in other trendy startups. Bitmain’s post-IPO value is expected to increase up to $40 bln.          

Tech hub

It’s a commonly known fact that major tech companies have pretty much the same location. Bitmain rented the only vacant office in a two-building Riverpark II building. As of now, the whole office complex is fully leased. Apart from the Chinese chip manufacturer, the aforementioned building is already occupied by other big tech companies like Zoom, Okta, WeWork, Cohesity and other promising startups.
 

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AI Sergei Nikolenko

Piglet’s Big Brother: How AI Changes Agriculture

🤖 AI
Agriculture, considered as something old-fashioned, is increasingly on the cutting edge of artificial intelligence
Piglet’s Big Brother: How AI Changes Agriculture

Piglet’s Big Brother

Throughout the history of time, scientists and farmers have been working together, searching for ways to advance agricultural practices by utilizing cutting-edge technology to increase yields and profit, while ensuring crops and animals are happy and healthy. Now, we’re seeing the use of deep learning and specifically computer vision emerging in agriculture, revolutionizing the industry that feeds billions.  

Computer vision for crop analysis: don’t just see, observe

Computer vision for crop analysis

Modern agriculture is a huge industry. Feeding billions of people takes a lot of land, and it becomes virtually impossible to process everything by hand. In particular, devastating plant diseases and pest invasions have often led to failed crops, and with the modern scale of agriculture, it is hard to spot such an invasion early on.

This is an important area where computer vision algorithms can help. Plant breeders use computer vision to recognize crop disease, both in detail from close-up views of leaves and plants and recognizing early onsets of plant disease and pests from surveillance photos.

All of this research is usually based on the modern go-to approach to computer vision: convolutional neural networks (CNNs).

Note that computer vision can be understood very broadly here. In many situations, photos are not the best kind of data that can shed light on important aspects of plant life. Often it is even better to use remote sensing data such as hyperspectral imaging or 3D scanning, which are increasingly used in agriscience.

This kind of data is usually high-dimensional and closer in nature to medical imaging than photos: check out, for example, a crop surveillance system called AgMRI. This requires special models for processing, but it still has the spatial structure required to apply modern computer vision techniques, in particular, convolutional neural networks.

This is, pardon the pun, a rapidly growing field: for example, recently $37 mln were invested into the establishment of Plant Phenotyping and Imaging Research Centre at the University of Saskatchewan.

The entire institution is devoted to exactly to the purpose of gathering big data about crops, usually in the form of photos and remote sensing data, linking extracted phenotype data to plant genotypes, to improve agriculture around the world.

Robotics in agriculture

Robotics in agriculture

Meet Prospero, the adorable farming robot that can’t help but remind you of WALL-E. It can drill a hole and plant something inside, accounting for local features of the terrain while following the predefined general patterns.

Then it can tend the crops, working with each one individually. And when the time comes, it can harvest, again being able to treat each plant in exactly the way it needs.

The idea behind Prospero is swarm farming: watch this video and imagine an army of small Prosperos crawling through the fields, leaving neat, perfect lines of crops behind.

Interestingly, Prospero predates much of the latest deep learning craze. It appeared back in 2011, but still remains a prototype that has not seen widespread use yet. But by now, robots are overcoming agriculture, automating more and more repetitive tasks:

  • automated flying drones are spraying the crops, and are  much more accurate with dangerous chemicals than full-sized airplanes; the same spraying drones can also be used to gather the aerial photos needed for computer vision applications we discussed in the first part

  • specialized harvesting robots are being increasingly developed and used; we have had grain harvesters for a long time, but only now, with the help of modern AI in both computer vision and robotics, we can develop a robot that can pick strawberries

  • Hortibot recently developed by researchers at Aarhus University, Denmark, can identify and eliminate weeds, either removing them mechanically or precision-spraying with herbicides

While many of these robots are still prototypes or being tested in small circulation, it is fair to say that robotics and agriculture are clearly made for each other, with more agricultural work to be automated in the nearest future.

Video tracking for farm animals: piglet’s big brother

Video tracking for farm animals: piglet’s big brother

There is a third agricultural application that’s worth discussing, a pilot project that the Neuromation company is planning to launch this year, with the potential to revolutionize an entire industry—and a large one, too. The plan is to bring modern computer vision to an industry that has not yet received much attention from the deep learning community: animal husbandry.

Naturally, people have already tried to bring big data and automated tracking to farm animals. For instance, a Pakistani startup called Cowlar produced a wearable collar that tracks activity and temperature of cows and buffaloes, under a catchy slogan of “FitBit for Cows,” and French researchers have been developing face recognition for cows. In this project, automated data collection and computer vision are used in a previously overlooked trillion-dollar industry—pig farming.

The bulk of the costs in pig farming falls on feeding the animals, bringing them from piglets to maturity as efficiently as possible. So optimizing the feeding process is what pig farming is mostly about.

Farmers would gain enormously from having detailed information about how the pigs are progressing. Currently, animals are usually weighed only twice over their whole lives: before and after feeding. It would not be too hard to tailor the feeding to individual pigs, significantly improving the output, if we knew how each piglet is doing with the feeding.

But this is where the twist lies.  It's easy enough to weigh a pig, although it causes stress for the animal and stress leads to weight loss! This catch-22 means that while there’d be data on a small subset of select pigs, it would not be worth it to weigh every pig as often as desired- or, really, at all.

This is a novel, non-invasive approach to weighing animals: a computer vision model that will accurately estimate the weight by photo and video data. The result will feed into analytic machine learning models that will improve the feeding process, leading to more sweet and tender pork for next year’s New Year celebrations.

Summary: agriculture on the cutting edge

Summary: agriculture on the cutting edge

It is often customary to stereotype agriculture and farming as something old-fashioned and outdated. However, as we have seen, agriculture is increasingly on the cutting edge of artificial intelligence.

The reason is that many agricultural problems are at the same time:

  • hard enough that they could not be automated before the advent of modern AI and deep learning: crops and pigs are alike, but not quite as alike as cars on a Henry Ford conveyor belt, so human work has been absolutely necessary up until very recently

  • easy enough that by now we already have the tools to tackle them, respecting the individual differences between plants and animals but at the same time learning to automate general techniques of handling them, driving a tractor on a field is easier than driving a car in human traffic, and measuring a pig’s weight easier than talking to people.

Agriculture is still one of the largest and most important industries on the planet, with even small increases in efficiency leading to huge windfalls due to the massive scale of things. For all these reasons the trend to automate agriculture is to continue into 2018 and beyond.

AI
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Alexander Goborov

Number of Coins and Tokens Listed on Exchange Platforms: HITBTC Has the Most

Out of major exchanges, HITBTC has the most number of tradable crypto coins and tokens, close to 500
Number of Coins and Tokens Listed on Exchange Platforms: HITBTC Has the Most

Exchange platforms are a major part of the modern fintech sector, where buyers and sellers meet in virtual spaces to trade their crypto fortunes.

Today, based on the stats received from our partners Datalight, we bring you the following chart that outlines some of the major crypto exchange platforms and their corresponding numbers of tradable coin and token types:

Number of Crypto Coins and Tokens on Platforms

The Hong-Kong based HITBTC, founded in 2013, has the most types currently listed, 479. The US-based BITTREX (Seattle, Washington), also founded in 2013, follows with 246 types. The Singapore-based Huobi, established in the very same year, is next with 184 types. Then it’s Binance, founded in China last year, now based in Japan (due to the Chinese ban) with 158 types. Another well-known Hong-Kong based exchange, Bitfinex, founded in 2012, has 109 types listed. And finally, the US-based Coinbase Pro, established in 2012 and headquartered in San Francisco, California, is last with 8 crypto coins currently offered for trade on its exchange platform: clearly they prefer fewer strong players as opposed to many weaker ones.

Be sure to also check out these:

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Crypto Gags Heewon Jang

Have You Ever Wished To Buy A Quite...Mining Farm?????

Crypto Gags
And Be A Bitcoin Cowboy! Eeee-haa!????
Have You Ever Wished To Buy A Quite...Mining Farm?????

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📈 Pricewise George Shnurenko

Bulls Seem to Take Control Over Market; BTC, LTC, XMR, NEO Move Together

Pricewise
The trend will become more clear today, as some currencies test, and others re-test downside trend lines
Bulls Seem to Take Control Over Market; BTC, LTC, XMR, NEO Move Together

Bitcoin, Litecoin, Monero and NEO seem to make peace with each other as they begin moving in the same direction. It is hard to say now whether we are seeing a deep correction or a complete reversal. The situation will be clear within the next several hours as some of the reviewed currencies test their downside trend lines while the others re-test them already.

BTC/USD

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The currency pair changed its direction today as we had expected. There were two pin-bars within the support area ($9,000). There, the price reversed and bulls have finally taken the initiative in their hands. BTC/USD has broken through the resistance line ($9,200). The currency pair fluctuates higher at the time of writing.

Bitcoin has entered the Ichimoku cloud and stopped its upside tendency here for a while. There was another important event as BTC/USD crossed the downside trend line. The currency pair stays higher now. Bulls seem to change the global short and midterm scenario. We think that Bitcoin is likely to develop its upside tendency, but it needs a correction or a consolidation now. The closest target is the upper border of the Ichomoku cloud. However, in case of a correction, the price is likely to reach the support line ($9,200) or the lower border of the Ichimoku cloud.

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LTC/USD

D:\Пробы пера\sergeytn\09.05\ltc hourly 1.jpg

The currency pair follows BTC/USD but with lower volatility as usual. We have noted in today’s review that LTC/USD needs some kind of a correction, and we think it is developing now. The main difference with Bitcoin is that Litecoin is still below the downside trend line.

LTC/USD crossed the $154 area and moved towards the next resistance line ($159 area) which is still unbreakable. There was a Shooting Star recently, but the volatility is low and the price’s decline was insignificant.

What to expect from LTC/USD in the nearest hours? We think that it will make an attempt to test the resistance line and the downside trend line. If successful, Litecoin has an opportunity to change the global midterm scenario as it will break the downtrend. Otherwise, the price will likely fall towards the support area ($154).

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XMR/USD

D:\Пробы пера\sergeytn\09.05\xmr houtly 1.jpg

Bulls seem to dominate Monero market as the price went above the downside trend line and crossed the Ichimoku cloud as well. XMR/USD tests the downside trend line from the upper side and if it holds the bears’ pressure, there will be another confirmation of global midterm changes in XMR’s scenario. The downside trend line coincides here with the support area ($229).

XMR/USD may continue its upside momentum after this correction if the price will jump off the support line and the downside trend line. Otherwise, it may return below the trend line and bears will regain control over the market.

NEO/USD

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The cryptocurrency follows other reviewed coins as it goes straight upwards. The price is testing the downside trend and the support line ($76 area). The results of those attempts are very important for future scenario as NEO/USD may either continue its upside momentum or reverse towards the $72 support line area.

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📈 Pricewise
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Wikicoin George Shnurenko

EOS Price Prediction: How Much Will EOS Cost in 2018, 2020, 2025?

📚 Wikicoin
Find out all about EOS cryptocurrency here
EOS Price Prediction: How Much Will EOS Cost in 2018, 2020, 2025?

EOS is a Blockchain-based platform which provides support for decentralized operations and facilitates the creation of Blockchain apps. In addition to this, EOS cryptocurrency, the token offered by the network, has shown enormous potential and is attracting investors at an unprecedented pace.

The developers also declare that the network is able to complete 50,000 transactions every second- an attribute which will allow for stability when the usage of EOS cryptocurrency becomes widespread.

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What makes EOS cryptocurrency unique?

  1. The maximum supply available is one bln EOS
  2. The coins cannot be mined, they are obtained by making investments
  3. It provides a significantly higher transaction speed which outperforms existing platforms

For the aforementioned reasons, EOS is tipped to emerge as one of the leading cryptocurrencies in the nearest future and it is fondly referred to as Ethereum on Steroids. Some also claim that the acronym represents Endless Online Scaling, however, there’s no word on its legitimacy.

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EOS price history

Without a doubt, being able to ascertain the accurate price prediction of EOS cryptocurrency will ensure that investors make an informed decision. Assessing its historic performance will help in identifying hidden patterns and will cause a proper evaluation of the currency’s potential.

Trade began on the second of July, 2017 and the official price was put at $1.03 per EOS. At the time, this seemed reasonable and fair for a new entrant to the crypto sphere. However, for a period of four months, the coin wasn’t getting as much activity as earlier predicted and price slumped.

November 2017 saw a sudden turn of events and EOS surged rapidly. On Nov. 4th, it was trading at $1.21. In the same time, the market capitalization of EOS cryptocurrency was estimated to be $54 mln. From then on, its volatile nature became obvious to all and finally, on Jan. 13th, EOS reached a new high. It was trading at $18.16 with a market cap of $109 mln dollars.

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Unfortunately, the vicissitudes which are usually exhibited in cryptocurrencies got a hold of EOS and the law of gravity set in. It began a downward spiral which saw the price at $4.08 as of March 19th. Again, it took five weeks to recover before it finally peaked at $21.46 on April 29th. By this time, the market capitalization was put at $176.6 mln.

Currently, it is trading for less than $12, but this doesn’t gainsay the potential of EOS cryptocurrency. It has a Blockchain infrastructure which rivals that of Ethereum and it is ranked as the fifth largest coin based on market capitalization. Some of the other reasons for its perceived growth are explained below.

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EOS is a less risky alternative to ETH or BTC

Let’s say EOS rises rapidly in the next few weeks and you become interested in the currency, you can still purchase as much as you want without spending a fortune. This is not true with cryptocurrencies like ETH and BTC as their price is much higher. Hence, investors who are in need of low-cost coins with long-term benefits will find EOS appealing.

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A noteworthy marketing strategy

Block One is not only renowned for their technical expertise, their marketing strategy also propelled them into the limelight. They were able to earn the attention of notable entities such as New York Times and Reuters and this caused their ranking on CoinMarketCap.com to rise.

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EOS has a remarkable growth chart

EOS broke into the top 10 space within a very short while. Its ascension, according to several crypto experts, is too good to be true, more like a fairy tale. Consider that we have over 1,340 cryptocurrencies in the market. Among this multitude, EOS, a newcomer, manages nearly $1.5 bln in trading volume daily. The future is particularly promising for EOS!

EOS price prediction 2018

We have to factor in the fluctuations we’ve seen in the last couple of months. Although it is still too early to identify solid trends, we can be sure that EOS won’t exceed a range. Several financial experts offered their opinion on the subject and it varies widely.

One thing is sure though, EOS will rise before the end of the year. Expect the coin to sell for about $30 or more by December. For those who bought it for less than a dollar in 2017, this is extremely good news!

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EOS price prediction 2020

By this time, EOS will be seen as a serious rival contending with ETH for the ultimate spot. The EOS infrastructure boasts a slightly superior technology which allows for improved transaction speed, but Ethereum has been around for longer and they are more reliable. We should expect EOS to sell between $45 and $70.

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EOS price prediction 2025

By this time, EOS would’ve spent almost eight years on the scene. This is the approximate age Bitcoin began to enjoy the unbridled rise to fame, peaking at $20,000. Although the circumstances differ and there’s no assurance that EOS will replicate Bitcoin’s result, there’s a threshold. EOS should go for at least $1,000.

EOS

Reasons to invest in EOS

If you’re sitting on the fence and you need a little push, consider this list carefully. Perhaps, it is what you need to make that investment you’ve always wanted.

  1. EOS is the fifth  largest cryptocurrency based on market capitalization
  2. EOS has an impressive daily trade volume.
  3. It has a limited supply  

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Reasons to ditch EOS

It is important to face reality when making decisions as crucial as this. As a result, some of the demerits are listed below.

  1. It hasn’t been around for so long
  2. It is currently experiencing a downward trend
  3. The graph doesn’t provide adequate information about its behavior

Conclusion

As the EOS platform becomes popular, the coin will also increase in value. A good idea would be to invest in this currency for the long-term. EOS cryptocurrency offers exciting prospects and the envisaged ubiquity of decentralized apps is enticing. Yet, nothing is certain. You might need to consult with professionals before taking such a huge step.

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