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Bitcoin Miners Sell Off Bitcoin to Stay Afloat as BTC Price Wavers

The plunge in Bitcoin’s price, combined with a substantial increase in mining difficulty, has Bitcoin miners sweating as they fight to keep their heads above water—with the network’s guardians shifting huge amounts of coins. Figures from blockchain data firm CryptoQuant shows that earlier this month, BTC outflows from miners peaked at 19,000 Bitcoins per day—the highest amount since March. One reason for the rush in sales is that it is harder to mint coins profitably following April’s halving ev...

‘AI Scientist’ Aims to Automate Scientific Discovery

Tokyo-based R&D company Sakana AI has released "The AI Scientist," an AI system designed to fully automate scientific research. The company claims this system is the first of its kind, capable of handling multiple aspects of the research process independently. In its research paper, published Monday, the team says its approach “generates novel research ideas, writes code, executes experiments, visualizes results, describes its findings by writing a full scientific paper, and then runs a simulate...