1/ Thrilled to announce that Hivemind is co-leading a $20M Series A Funding Round for @spaceandtime, a verifiable compute layer for AI x Blockchain, alongside @hiFramework, @FactionVC, and @Arrington_Cap 🚀 Blockchain technology is redefining how we establish trust in data, driving a growing demand for trustless, verifiable data processing. Yet, traditional data solutions remain largely inaccessible on-chain, stunting the development of advanced dApps and highlighting the urgent need for seamless integration between on- and off-chain data. Space and Time (SxT) is addressing this challenge head-on, rapidly emerging as a market leader with a number of industry defining innovations already under it’s belt. At the heart of what SxT’s is building is its Proof of SQL mechanism, a proprietary zero-knowledge proof that ensures all computations within the ecosystem are tamperproof and verifiable at scale. This technology not only fortifies the security of blockchain data but also enables smart contracts and AI agents to interact with on- and off-chain data confidently. SxT has also introduced a cutting-edge blockchain indexer, aiming to provide verifiable data across multiple chains, including Ethereum, ZKsync, and Polygon. And finally, their AI-powered frontend, Space and Time Studio, empowers even non-developers to leverage blockchain data through natural language prompts, making complex data processing accessible to a broader audience. And yet, this is just the beginning. As SxT continues to innovate, it’s clear that the intersection of AI and blockchain is more than just an enhancement to the developer experience—it’s a fundamental shift towards a “verify everything” future. By empowering true community ownership and fostering a more equitable economic landscape, we believe SxT is paving the way for a new era of decentralized applications that is both secure and user-friendly. We’re excited to support SxT as they continue to redefine what’s possible in blockchain data processing and help bring their “verify everything” future to life. 💫

Bitcoin's hash rate hit an all time high 500 exahashes/s this month. To highlight the enormity of this number: - For every star in our galaxy, the Bitcoin network is calculating 5 billion computations per second. - It would take ~2000 years for the entire global population, each performing one hash/second, to match the Bitcoin network's hash rate. - The Bitcoin network performs ~67 times more hashes per second than there are grains of sand on Earth. - By number of raw operations/second, Bitcoin is ~500x more performant than the world's most powerful supercomputer. Yet, there are skeptics out there that still believe "bitcoin is backed by nothing".