Pearl (PEARL) Could Surpass Bitcoin (BTC), Ethereum Newsletter Founder Says

Evan Van Ness, an Ethereum newsletter founder, said Pearl (PEARL) could surpass Bitcoin (BTC), arguing its mining process can perform AI computations while potentially reducing inference costs.

Van Ness said Pearl miners perform matrix multiplication, which is also used in AI model training and inference. He said the calculations can run alongside inference with almost no additional overhead, turning mining into useful computation.

Van Ness argued that Bitcoin ossified too early and faces a security-budget problem. He described Pearl’s approach as a flywheel in which mining supports AI computation and lower inference costs could follow.

Together AI announced a Pearl-related AI inference endpoint, but the announcement did not quantify how much mining served paid inference requests.