cheap SOTA on tap 🍺 | $TAO

Joined May 2024
Sold my ETH last week Sold my BTC a few days later Just sold my LINK All so I could buy submeth My name is Intern, and I'm a $TAO-coholic
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we need to elect a vice-const
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Bittensor Intern 🤖🧠 retweeted
somewhere a coinbase account is suspended right now
Somewhere a bank is closed right now
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An open AI economy needs more than models and GPUs It needs data to reach the machines doing the work @b1m_ai is building that transport layer on SN105, making data movement open and programmable Transfers run in parallel across distributed workers, with operators competing on speed and reliability Connecting the pieces of decentralised AI bittensor:native
An open AI economy needs infrastructure that connects data, models and machines. Our vision is to make data movement open and programmable, so builders can put data to work wherever it is needed. Beam is building the transport layer for that future.
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How will Bittensor incentivise subnets to return more value than they receive in emissions? Lium’s flywheel illustrates the question Take roughly $60m in annualised emissions, $15m ARR and 100% of revenue going towards buybacks Those buybacks support alpha’s price and can help attract more emissions The subnet could then be returning $20m in annualised buybacks while taking even more from the network Now imagine $TAO rises 4x to $1,000 With the same TAO allocation, that $60m annualised subsidy becomes $240m Revenue could grow as the additional funding incentivises more compute capacity But where does the network account for value returned versus emissions received? We risk premature scaling, throwing excess funding at subnets before we know whether their business models are profitable without subsidies Alpha price reflects relative market demand across subnets But attracting more demand than other subnets doesn’t necessarily mean returning more value than you consume The emission decay concept I’m suggesting would make continued funding depend more directly on value returned, especially for mature subnets Emission decay would gradually reduce a subnet’s emissions over time, but subnets could slow or reverse that decay by returning value to alpha holders As subnets mature, they should justify continued support from the network by giving value back Those that don’t would see their emissions decline This would also let the network dynamically adjust emissions as TAO’s price fluctuates As TAO rises, the same dollar buyback represents less TAO and therefore offsets less decay, helping prevent the network from simply paying more for the same work I also have a complementary proposal to give research subnets more runway, so they aren’t penalised for needing longer to produce results These proposals are one possible approach, but the underlying issues need to be addressed regardless
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Bittensor Intern 🤖🧠 retweeted
to all the $TAO newcomers complaining about this little correction. tighten up. this is nothing
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Bittensor Intern 🤖🧠 retweeted
AI is now influencing election results. According to the National Conference on Citizenship, 25% of eligible voters have asked a chatbot about a political candidate when deciding how to vote. In response, campaigns have started using "Generative Engine Optimization", paying consultants up to $50k a month to seed Reddit and high-authority sites with tailored content so AI models recommend their candidate. The fight for your vote is officially moving into the chatbot prompt. (Source: Reuters)
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Bittensor Patch #6: Emission Taper Subnets should earn continued support as they mature Gradually reduce a subnet’s emissions over time, but let it slow or reverse that taper by returning value to alpha holders through revenue-funded buybacks and burns or direct distributions The more value a subnet gives back, the more continued funding it can justify Those that don’t would see their emissions gradually decline Measuring that returned value in TAO terms lets emissions adjust dynamically as TAO’s price changes As TAO’s price rises, the same dollar buyback represents less TAO and therefore does less to slow or reverse the taper This helps prevent the network from simply paying more for the same work because $TAO became more valuable To sustain a larger dollar subsidy, a subnet should deliver more value back Combined with the previous patch, subnets could choose how quickly they consume their subsidy, with lower emission rates also slowing the taper That preserves room for long-term research while raising expectations for mature subnets Full article ↓ xitter.cf/BittensorIntern/status…
Bittensor Patch #5: Fractal Emissions Bittensor shouldn't force every subnet to consume emissions at the same speed A compute-heavy production subnet may need maximum funding today A research subnet may prefer to trade some near-term funding for longer runway Let subnets choose how quickly they consume their available emissions: 100% 50% 25% Lower rates mean less TAO and alpha issued, slower dilution and more runway A subnet at 25% could consume the same cumulative subsidy over roughly 4x the time of one at 100% To make that viable, deregistration scores should adjust proportionally: 100% = 1x 50% = 2x 25% = 4x Even with that adjustment, lower rates wouldn't guarantee survival 4x a near-zero score is still near zero It simply gives promising projects more calendar time for each unit of network subsidy they consume And gives the market more time to judge those projects before the same amount of subsidy is consumed A research subnet could start at 25%, move to 50% as it gains traction and eventually use 100% when additional compute and capital become productive A mature subnet could move the other way if it no longer needs maximum funding Any declined TAO emissions should be burned, not redistributed For lower rates to work in practice, the emission gate would also need to soften With those pieces in place, lower rates mean: Less TAO issuance Less alpha dilution Less sell pressure More runway As TAO becomes more valuable, this matters even more A subnet's funding needs don't automatically 4x because TAO does Let the market decide how much support a subnet earns Let the subnet decide how quickly it uses it Full article ↓ xitter.cf/BittensorIntern/status…
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Bittensor Patch #7: Network-Owned Validation Bittensor currently has two approaches to determining miner rewards Yuma combines scores from multiple validators through stake-weighted consensus NULL uses one validator’s scores, reducing duplicated validation work but concentrating trust in that validator I propose a third route A network-owned validation engine that runs each subnet’s scoring mechanism and submits the resulting weights Input: scoring rules, the data needed to apply them and miner outputs Output: weights Create a common interface so subnets can plug their scoring mechanisms into the same shared infrastructure Each subnet defines what good work looks like The engine handles the evaluation Fund it through emissions, limited to the verified cost of running the service It could purchase the resources it needs directly from subnets, such as compute from Targon and storage from Hippius Publish its spending so the network can see exactly what validation costs The engine would be owned and governed by the network, with open-source code and independently auditable execution so anyone can check that it works as intended For non-deterministic scoring mechanisms, subnets could specify multiple evaluations and how to aggregate the results Reward outsiders who uncover flaws in the validation engine, with clear rules for resolving challenges and correcting affected weights Keep upgrades and spending under network governance, with safeguards and failover to keep validation running reliably Subnets would still need well-designed scoring mechanisms But they could share the infrastructure that runs them, with emissions covering the resources and checks actually needed The result: • Auditable, network-owned validation • Open scrutiny • Validation at cost, without duplicated work • Demand for Bittensor’s own services Verify the scoring without relying on one validator’s word or paying many to repeat the same work $TAO
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Bittensor Patch #7: Network-Owned Validation Bittensor currently has two approaches to determining miner rewards Yuma combines scores from multiple validators through stake-weighted consensus NULL uses one validator’s scores, reducing duplicated validation work but concentrating trust in that validator I propose a third route A network-owned validation engine that runs each subnet’s scoring mechanism and submits the resulting weights Input: scoring rules, the data needed to apply them and miner outputs Output: weights Create a common interface so subnets can plug their scoring mechanisms into the same shared infrastructure Each subnet defines what good work looks like The engine handles the evaluation Fund it through emissions, limited to the verified cost of running the service It could purchase the resources it needs directly from subnets, such as compute from Targon and storage from Hippius Publish its spending so the network can see exactly what validation costs The engine would be owned and governed by the network, with open-source code and independently auditable execution so anyone can check that it works as intended For non-deterministic scoring mechanisms, subnets could specify multiple evaluations and how to aggregate the results Reward outsiders who uncover flaws in the validation engine, with clear rules for resolving challenges and correcting affected weights Keep upgrades and spending under network governance, with safeguards and failover to keep validation running reliably Subnets would still need well-designed scoring mechanisms But they could share the infrastructure that runs them, with emissions covering the resources and checks actually needed The result: • Auditable, network-owned validation • Open scrutiny • Validation at cost, without duplicated work • Demand for Bittensor’s own services Verify the scoring without relying on one validator’s word or paying many to repeat the same work $TAO
Bittensor Patch #6: Emission Taper Subnets should earn continued support as they mature Gradually reduce a subnet’s emissions over time, but let it slow or reverse that taper by returning value to alpha holders through revenue-funded buybacks and burns or direct distributions The more value a subnet gives back, the more continued funding it can justify Those that don’t would see their emissions gradually decline Measuring that returned value in TAO terms lets emissions adjust dynamically as TAO’s price changes As TAO’s price rises, the same dollar buyback represents less TAO and therefore does less to slow or reverse the taper This helps prevent the network from simply paying more for the same work because $TAO became more valuable To sustain a larger dollar subsidy, a subnet should deliver more value back Combined with the previous patch, subnets could choose how quickly they consume their subsidy, with lower emission rates also slowing the taper That preserves room for long-term research while raising expectations for mature subnets Full article ↓ xitter.cf/BittensorIntern/status…
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Bittensor Patch #5: Fractal Emissions Bittensor shouldn't force every subnet to consume emissions at the same speed A compute-heavy production subnet may need maximum funding today A research subnet may prefer to trade some near-term funding for longer runway Let subnets choose how quickly they consume their available emissions: 100% 50% 25% Lower rates mean less TAO and alpha issued, slower dilution and more runway A subnet at 25% could consume the same cumulative subsidy over roughly 4x the time of one at 100% To make that viable, deregistration scores should adjust proportionally: 100% = 1x 50% = 2x 25% = 4x Even with that adjustment, lower rates wouldn't guarantee survival 4x a near-zero score is still near zero It simply gives promising projects more calendar time for each unit of network subsidy they consume And gives the market more time to judge those projects before the same amount of subsidy is consumed A research subnet could start at 25%, move to 50% as it gains traction and eventually use 100% when additional compute and capital become productive A mature subnet could move the other way if it no longer needs maximum funding Any declined TAO emissions should be burned, not redistributed For lower rates to work in practice, the emission gate would also need to soften With those pieces in place, lower rates mean: Less TAO issuance Less alpha dilution Less sell pressure More runway As TAO becomes more valuable, this matters even more A subnet's funding needs don't automatically 4x because TAO does Let the market decide how much support a subnet earns Let the subnet decide how quickly it uses it Full article ↓ xitter.cf/BittensorIntern/status…
Bittensor Patch #4 Bittensor growth should translate directly into permanent $TAO burns Burn a portion of transaction fees, subnet registration costs and other protocol-level fees More transactions, more subnets, more TAO burned Let subnet-specific value accrue to alpha, while network-wide activity burns TAO Alpha earns. TAO burns 🔥
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Bittensor Patch #6: Emission Taper Subnets should earn continued support as they mature Gradually reduce a subnet’s emissions over time, but let it slow or reverse that taper by returning value to alpha holders through revenue-funded buybacks and burns or direct distributions The more value a subnet gives back, the more continued funding it can justify Those that don’t would see their emissions gradually decline Measuring that returned value in TAO terms lets emissions adjust dynamically as TAO’s price changes As TAO’s price rises, the same dollar buyback represents less TAO and therefore does less to slow or reverse the taper This helps prevent the network from simply paying more for the same work because $TAO became more valuable To sustain a larger dollar subsidy, a subnet should deliver more value back Combined with the previous patch, subnets could choose how quickly they consume their subsidy, with lower emission rates also slowing the taper That preserves room for long-term research while raising expectations for mature subnets Full article ↓ xitter.cf/BittensorIntern/status…
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Can we normalise only praising subnets for every dollar returned to the network AFTER subtracting what they’ve received in emissions? We’re celebrating monthly revenue and buybacks that don’t even cover the emissions a subnet receives each month, let alone what it’s received in total We’re nearly two years in. Time to raise the bar $TAO
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Bittensor Intern 🤖🧠 retweeted
Heard of a top law firm completely cutting off Harvey and all API calls to Claude/OpenAI after they saw what openAI did with navier strokes Now hosting everything locally with GPUs they own, running Kimi and deepseek Think you’ll see a lot more of this going forward
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Bittensor Intern 🤖🧠 retweeted
BREAKING: A fusion startup says it has turned mercury into gold, producing 10 times more than CERN's previous record. Marathon Fusion says it achieved this using nuclear fusion. For now, the amounts are tiny. But gold's price depends on it being rare, so anything that makes gold easier to produce is worth watching.
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Bittensor Intern 🤖🧠 retweeted
Lium now hosts over $30m worth of hardware. including 225 B300s. 91% of our supply is rented. lium is the only platform in the world making these GPUs both accessible and affordable.
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Bittensor Intern 🤖🧠 retweeted
🚨BREAKING: White House fraud hotline overwhelmed with reports about the Federal Reserve banking system.
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Bittensor Intern 🤖🧠 retweeted
Replying to @Denche2005
Wear a mask if within 6ft of any PHP developers
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Bittensor Intern 🤖🧠 retweeted
JUST IN: 🇺🇸 US officially finalizes new crypto stablecoin regulations under the GENIUS Act.
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