Pearl swaps SHA-256 for matrix math to mine AI inference, but PRL faces steep dilution
- —Pearl replaced SHA-256 with matrix multiplication while keeping a proof-of-work model
- —PRL has more than tripled since September, but emissions could nearly double supply in a year
- —AI and HPC revenue share at 11 listed miners rose from 2% in Q1 2025 to 22% in Q2 2026
- —A review of about 8,000 AI-capable machines found no AI-related code running
Why it matters: The project tests whether mining can be monetized through AI, but synthetic-computation risk and token dilution cast doubt on the model's durability.
Source: DiarioBitcoin