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AI cryptomining network's 320,000 RTX 3090-class GPUs allegedly burn 112 megawatts of power on ‘zero useful AI computation’ — GPU rental costs jump 38%, but Pearl’s cards are doing random matrix math, study claims

… For GPU buyers, the resource angle is the part that stings. The study attributes a roughly 38% jump in budget GPU rental prices on the marketplace vast.ai to Pearl mining, with utilization climbing from 57% to 94% after the mining software went public in May. …

Jun 14, 2026 · Etiido Uko
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