Bittensor co-founder: Bitcoin's computing power is 600K times top 100 supercomputers

Ala Shaabana, co-founder of Bittensor, claimed at the Proof of Talk event in Paris that the Bitcoin network's hashrate is more than 600,000 times greater than the combined computing power of the world's top 100 supercomputers. He explained that just as Bitcoin secured vast distributed computing resources through its incentive-based structure, the same principle can be applied to artificial intelligence (AI). Shaabana noted that Bittensor features 128 subnets that reward participants with TAO tokens for contributing to specific tasks such as AI training and validation. He argued that an open network can more efficiently pool global hardware and intelligence than centralized big tech companies, emphasizing that the key to future AI competitiveness will depend more on incentive design and network effects than on the technology itself.