Bittensor: Bitcoin’s compute power dwarfs top 100 supercomputers by 600k times, says Bittensor co-founder

Ala Shaabana explains how using Bitcoin network’s coordinate-and-reward playbook can bust open corporate monopolies on AI. What to know : At a Paris summit, Bittensor co-founder Ala Shaabana argued that decentralized networks are overtaking traditional corporate data centers as the backbone of global computing power. Shaabana said Bitcoin’s network hash rate exceeds the combined power of the top 100 supercomputers by more than 600,000 times, illustrating the scale of distributed computing. He contended that by using incentive-driven subnets to reward specific tasks, open networks can more efficiently marshal global hardware and intelligence for artificial intelligence than centralized tech monopolies.