messari.io

3 weeks ago | messari.io | Andrew Dyer

Bitcoin mining has morphed into a capital‑intensive, highly concentrated business: two pools—Foundry USA and AntPool—now command more than half of global hashrate, and a handful of public mega‑miners dominate the rest. Subnet 14, TAOHash, offers a counterweight by turning raw hash into a live‑traded “alpha” token; miners swap their BTC payouts for SN14, while validators buy that same token with earned BTC to keep rigs pointed at them, creating a perpetual buy‑back loop.

1 month ago | messari.io | Andrew Dyer

Rayon Labs operates a synergistic trio of Bittensor subnets—Chutes for serverless model hosting and inference, Gradients for decentralized AutoML fine-tuning, and Nineteen for ultra-fast, high-throughput inference—that together command roughly 29 % of daily TAO emissions.

2 months ago | messari.io | Andrew Dyer

Circle's IPO filing presents a mix of promise and risk. On the positive side, the company is positioning itself as a major player in cross-border payments and stablecoin-driven financial infrastructure, aiming to tap into a massive total addressable market (TAM) that includes global remittances, traditional payments, and tokenized financial markets.

Feb 12, 2025 | messari.io

Access Messari's trusted crypto research, reports, AI news summaries, real-time price, token unlocks, and fundraising data to navigate the cryptocurrency space insightfully.

Jan 12, 2025 | messari.io | Sunny Shi |Qorban Ferrell

We make an attempt to size AI's speculative potential based on historical parallels.