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How LLMs Might Make Crypto Mining Useful
The newsletter explains how large language models represent words as high‑dimensional vectors and use attention matrices, drawing an analogy to blockchain proof‑of‑work. It cites Vitalik’s 2017 comment on useful work and introduces Pearl, a blockchain that replaces Bitcoin’s energy‑wasting mining with matrix‑multiplication tasks useful to LLMs, rewarding miners in the PRL token and potentially funding applications like cancer research and newsletter generation.