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AutomacoinTO WHOEVER COMPUTES FOR SCIENCE THE WORLD IS REVEALED
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AutomacoinCryptocurrencies, such as Bitcoin, require huge amounts of energy to operate. Based on the electricity consumption of Bitcoin alone it would be the largest and most powerful computer system ever built in the world. However, all that Bitcoin mining computation is lost. That is quite a large computer to waste.
Unlike other cryptocurrencies such as Bitcoin, Automacoin is the first coin whose purpose is to perform useful computation. It provides a sense and meaning to crypto-mining and, in a sense, is the most eco-friendly coin possible as every computation involved is intended to contribute to perform a specific calculation for a meaningful purpose. The Automacoin Foundation aims at using crypto-mining as a force for science and humans to progress while generating value. It is also the first coin purely based on the most fundamental computational principles in a purely transparent fashion. For example, in the long-run, and in its original version, mining and exchanging Automacoin can contribute finding all computable answers to all computable questions and is thus, in a formal way, a permanent holder and estimator of infinite wisdom. As an ultimate goal we want Automacoin to become an eco-friendly non-for-profit science-as-a-service platform. |
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June 2020
The team has received the equivalent of $450K USD in computer time to use a Blue Gene and Cray XC40 supercomputers at KAUST to kickstart the project thereby sponsoring universal access to an expanded estimation of the so-called universal distribution. In our slicing and dicing language this will help us calculate what we call the D6 space (equivalent to 2^12 Turing machines) in about 16 million computing hours on one of the world fastest computers. This computer power will not be forever lost (in alignment to this project values) and will remain available for future use and exploitation towards the answer to everything (quite literally) to help in scientific research, questions of causation and the ultimate data compressor. |
August 2020
Automacoin members Cameron Sajedi and Martin Lind introduce Automacoin at the international conference AUTOMATA 2020.
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May 2020
With the Amazon support and funding we will build a spot instance supercomputer and the expectation is to get a 100x exploration power in the software space both for knowledge discovery modelling and incremental compression capabilities. |
April 2020
AUTOMACOIN has received a 42k grant from Amazon and their AWS Research program to support building our swarm management and data ingestion services for the AUTOMACOIN network. |
March 2020
We are currently wrapping up a contract open source gig, blockchain based. It will form the basis for our AUTOMACOIN network swarm. This will enable compensation for computation of the Empirical Distribution by a swarm of volunteer nodes and institutions. |
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Current Working Areas
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Operational
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