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Pearl (PRL): The Same GPU Job, Paid Twice

Kaizen ResearchKaizen Research · Oct 7, 2026 · 13 min read
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What Pearl Actually Is

A graphics card, or GPU, multiplies big grids of numbers, called matrices. Almost every modern AI model is a long stack of those multiplications. Running a trained model to produce an answer is inference. Teaching the model is training.

Bitcoin pays specialized boxes, ASICs, to grind a useless puzzle called hashing. Winning adds the next page...

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Zooming out: How to Navigate This Cycle

Kaizen ResearchKaizen Research · Sep 29, 2026 · 15 min read