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NY Legislators Push Energy Tax on Bitcoin Mining Operations
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NY Legislators Push Energy Tax on Bitcoin Mining Operations

New York cryptocurrency miners may face an exodus as lawmakers propose aggressive legislation targeting their high electricity usage.

Generative AI's Compute Cost Challenge: Who Foots the Bill?
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Generative AI's Compute Cost Challenge: Who Foots the Bill?

As generative AI scales, the debate on who should bear the compute costs intensifies. Industry leaders discuss potential solutions, including decentralized networks and innovative payment models.

Together AI Launches Cost-Efficient Batch API for LLM Requests
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Together AI Launches Cost-Efficient Batch API for LLM Requests

Together AI introduces a Batch API that reduces costs by 50% for processing large language model requests. The service offers scalable, asynchronous processing for non-urgent workloads.

Gala Games Unveils New VEXI Costumes for Office Enthusiasts
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Gala Games Unveils New VEXI Costumes for Office Enthusiasts

Gala Games introduces the VEXI WIP Pack, offering exclusive office-themed costumes. Limited to 100 packs, the bundle includes Secretary and Janitor outfits at a discounted price.

Gala Games Reintroduces Popular VEXI Costumes with May Discounts
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Gala Games Reintroduces Popular VEXI Costumes with May Discounts

Gala Games has announced the return of its fan-favorite VEXI costumes through the VEXI May Favorites Pack, offering discounted prices and limited availability.

OpenAI Introduces GPT-4o Mini: A Breakthrough in Cost-Efficient AI
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OpenAI Introduces GPT-4o Mini: A Breakthrough in Cost-Efficient AI

OpenAI has launched the GPT-4o Mini, the most cost-efficient small AI model available today, promising advanced capabilities at reduced costs.

Google Fires Hundreds of Workers in Voice Assistant and Hardware Teams
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Google Fires Hundreds of Workers in Voice Assistant and Hardware Teams

Google recently laid off hundreds of employees from its Voice Assistant and hardware teams. The layoffs are part of the company's cost-cutting measures and strategic restructuring amidst the rising competition from companies like Microsoft and OpenAI.

Scroll's 2024 Agenda: Lower Costs, Enhanced Security, and Increased Decentralization
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Scroll's 2024 Agenda: Lower Costs, Enhanced Security, and Increased Decentralization

In 2024, Scroll plans to make blockchain technology more accessible, secure, and decentralized. The company will reduce operational costs by 50%, integrate data compression techniques, and implement 4844 data blobs. It will also enhance compatibility with Ethereum Improvement Proposals and SHA256 precompile.

Snowtrace to End Etherscan-Powered Service by Nov 30
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Snowtrace to End Etherscan-Powered Service by Nov 30

Snowtrace.io, a blockchain explorer for Avalanche C-Chain, will discontinue its Etherscan-powered explorer on November 30, 2023, due to high EaaS service costs. Users are advised to backup data and Ava Labs suggests a better solution transition.

Solana Co-founder Labels Ethereum 'Bourgeois Digital Tyranny
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Solana Co-founder Labels Ethereum 'Bourgeois Digital Tyranny

Solana Labs Co-founder, Anatoly Yakovenko, defended the Solana network's accessibility during a Twitter debate from 1st to 2nd October 2023, responding to criticisms regarding the cost of running nodes. Yakovenko contrasted Solana with Ethereum, advocating for negligible costs in state creation to promote true decentralization, despite rebuttals highlighting Solana's high node operation costs favoring corporations.

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