Bittensor co-founder: building open, permissionless AI you can mine like Bitcoin

markjeffrey · x · 2026-08-18

In a TWiST deep dive, Bittensor co-founder Const—who left Google Brain—explains why he built what Big Tech wouldn't touch: open, permissionless AI that can be mined like Bitcoin. Key points: he calls Bitcoin "the most efficient market in history" and says they built the same thing for intelligence; he breaks down the subnet economy and how subnets make open models cheaper to run; and he stresses he doesn't sell a token but participation.

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