pearl-2:native went from $0.80 to $1.76 in 48 hours. Up 120% on "proof of useful work" — GPUs mining blocks with the same math that powers AI. Price discovery is a wild thing to watch.

Sep 26, 2026 · 1:29 PM UTC

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Replying to @margin_trade
I would appreciate your thoughts on these metrics and if they are helpful.
$PRL friends. I have a present for you. Meet prlstats.com My first draft at understanding the network from an energy perspective: - how much does it cost to mine / how profitable is mining and for whom? - a thesis check: is PRL on track to profitably climb its way to blockchain energy dominance? I'd love your feedback. What is blatantly wrong? What's missing? Very much a beta! Some interesting findings so far: - Doesn't seem to make sense to mine uselessly on frontier hardware ($2.24/PRL cost). But does make sense on idle already paid for GPUs ($0.68/PRL) or during inference ($1.31 at 12% loss, and less with new kernels). - PRL already uses 0.65% of Bitcoin's energy at only 0.15% of the FDV. Very interesting. For those of you who are just tuning in -- I am a big $ZEC guy because I believe privacy is a human right and I like how Zcash delivers privacy on L1 with a plan to deliver it to the world. That's why I created zecstats.com On $PRL, my thesis is that I think it may eventually dominate energy security in blockchains. The fact that PoUW is already showing the desired affect in our math here is promising. I don't consider these two monies direct competitors. I think they have different target markets for the next many years. Gimme your thoughts below or in DMs if necessary. Fixes won't be immediate but will come.
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Cool dashboard! One question: Bitcoin's "waste" is literally the moat. It costs billions in ASICs + power to 51% it. If idle GPUs mine PRL at ~zero marginal cost, any fleet operator gets that same discount on an attack. So what specifically makes PRL expensive to attack? Maybe the answer is just raw scale of the honest fleet. But "cheap to mine yet expensive to attack" needs a mechanism. Curious how you'd model that.
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Replying to @margin_trade
120% in two days is pretty wild ngl
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Replying to @margin_trade
i was hating on $0.80 now look at it...
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Replying to @margin_trade
that AI gpu math angle finally catching on
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Replying to @margin_trade
Is the hash rate scaling with the price though?
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Replying to @margin_trade
$PRL easy $10
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Replying to @margin_trade
Wonder how much of this $1.76 run is just low liquidity pump
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Replying to @margin_trade
Pearl-2 speedrun to $2 📈
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