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Binance, the largest cryptocurrency exchange in the world, has now revealed a series of new Bitcoin (BTC) cloud mining products. Those willing to use the offered cloud mining service will be able to subscribe to the service on a first-come, first-served basis starting June 15, 2023, at 02:00 (UTC), through which they will be able to access hash power without having to acquire and maintain any physical mining equipment.

The announcement was made on the company’s official website. The new products will enable Binance clients to buy hashrate contracts and start getting rewards of BTC mining which will be immediately deposited in their Funding Wallets. The new cloud mining product is to commence on June 22 at 04:00 (UTC).

The program is aimed at offering a convenient way of entry into Bitcoin mining to individuals who cannot afford or have technical knowledge to establish and manage conventional mining rigs. Managing the logistical aspect of the operations, Binance reduces the cost of admission and further expands into the provision of crypto infrastructure.

The superiority of Binance is evident in the Bitcoin domain. Having more than 60,000 BTC in unrealized profit, which amounts to more than 6 billion of dollars, and a number of more than 275 million users, the exchange is an example of unprecedented size and stability.

With its 25.4% spot market share and strategic expansion, Binance has become an undeniable crypto giant, so its recent launch of BTC cloud mining is another step towards negating that unshakable power in the long term.

Also read : What if Binance Lists Pi Coin? Millions are Waiting But Risks Are Real

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According to a report from NPR, Meta plans to shift the task of assessing its products’ potential harms away from human reviewers, instead leaning more heavily on AI to speed up the process. Internal documents seen by the publication note that Meta is aiming to have up to 90 percent of risk assessments fall on AI, NPR reports, and is considering using AI reviews even in areas such as youth risk and “integrity,” which covers violent content, misinformation and more. Unnamed current and former Meta employees who spoke with NPR warned AI may overlook serious risks that a human team would have been able to identify.

Updates and new features for Meta’s platforms, including Instagram and WhatsApp, have long been subjected to human reviews before they hit the public, but Meta has reportedly doubled down on the use of AI over the last two months. Now, according to NPR, product teams have to fill out a questionnaire about their product and submit this for review by the AI system, which generally provides an “instant decision” that includes the risk areas it’s identified. They’ll then have to address whatever requirements it laid out to resolve the issues before the product can be released.

A former Meta executive told NPR that reducing scrutiny “means you’re creating higher risks. Negative externalities of product changes are less likely to be prevented before they start causing problems in the world.” In a statement to NPR, Meta said it would still tap “human expertise” to evaluate “novel and complex issues,” and leave the “low-risk decisions” to AI. Read the full report over at NPR.

It comes a few days after Meta released its latest quarterly integrity reports — the first since changing its policies on content moderation and fact-checking earlier this year. The amount of content taken down has unsurprisingly decreased in the wake of the changes, per the report. But there was a small rise in bullying and harassment, as well as violent and graphic content.

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