AI for profitable mining. Concept to Development
The expression “machine learning” began to flash here and there almost every day. Now not only programmers, but also businessmen and even politicians speak about it.
New technologies are changing our world rapidly as rock and roll, they are making a revolution in all areas, and we can only be carried in this high-speed train of changes trying to understand where he is rushing us.
Not so long ago, we were excited by the emergence of an innovative payment system Bitcoin, the first exchange of bitcoins for real goods occurred in May 2010 and slowly we began to pay with cryptocurrency for goods and services, to understand the intricacies of mining, chains of information blocks of blockchain.
And while the rate of Bitcoin was growing rapidly, economists were arguing about what the cryptocurrency is — a financial bubble or money of the future, Bitcoin itself and related areas have changed. Cryptocurrency mining technologies have influenced hardware manufacturers, causing an unprecedented growth of the industry.
In the pre-computer era, only a person could accumulate data, analyze information and make predictions. With the advent of computers and programming languages, people have learned to build simple models using the as-IF scheme. Such an algorithm is already the simplest robot or machine, but it still does not know how to learn. The results of his work and mistakes can be evaluated by its Creator — man. Obviously, such a process of trial and error requires a lot of time. And what if you create a machine that can build simple algorithms and evaluate the results of their work?
To solve this problem, it should be divided into two simple ones: one robot creates algorithms, the other evaluates them. Both robots can initially cope with their task mediocre, but in the process of testing the successful results are saved. Thus, the correct characteristics are accumulated and the system is improved.
Modern computers (or rather video cards), which are able to build and test a huge number of mini-algorithms, help here. Exactly the same devices are now used for mining cryptocurrency, which “swept” many entrepreneurs around the world.
