Biden Executive Order on AI May Impact Crypto Mining and Development
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Leak reveals Biden could issue executive order on AI regulation that may impact crypto mining and development.
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Order expected to require assessment of AI models before federal use and ease barriers for skilled workers.
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Early reports raised alarm bells due to potential to classify computing power as "national resource."
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Could require cloud providers to disclose when customers purchase computing resources beyond a threshold.
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U.S. has become top destination for bitcoin miners after China's 2021 mining ban.
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