Bitcoin mining difficulty dropped by 11.16% to 125.86 trillion on Saturday - marking the largest single decline since China’s mining ban in 2021. The winter storm Fern forced Foundry USA, the world’s biggest mining pool, to slash its hashrate by 60% as miners reduced their power usage to ease pressure on energy grids. While the adjustment provided some relief for remaining miners, the hashprice sank to a record low of $31 per petahash amid Bitcoin’s broader price downturn.
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SpaceX is ramping up hiring as it moves forward with Elon Musk’s ambitious plan to build a network of one million satellite-based data centers. On Friday, the company announced openings for “numerous critical engineering roles” focused on developing solar-powered space data centers - including the position of “Space Laser Engineer.” The recruitment drive comes shortly after SpaceX’s $250 billion acquisition of xAI, which turned the company into the world’s most valuable private enterprise with an estimated valuation of $1.25 trillion. Musk described orbital data centers as a key driver behind the deal. Despite the bold vision, industry experts remain cautious, citing the challenges of heat management in the vacuum of space and the potential hazards of orbital debris from launching up to a million satellites.
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Sony’s Chief Financial Officer, Lin Tao, described artificial intelligence as a “powerful tool” for game development, emphasizing that the company aims to support the commercial use of generative AI as a means of enhancing creativity rather than replacing human talent. His remarks came alongside Sony’s record-breaking third-quarter results, with operating profit climbing 22% year-over-year and the company raising its annual forecast to around 1.13 trillion yen. Meanwhile, concerns within the gaming community persist - more than half of developers surveyed at the Game Developers Conference (GDC) said they view generative AI as a potential threat to the industry, underscoring the ongoing tension surrounding its rapid adoption.
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