23 of 128 Bittensor subnets now make real money; top GPU subnet billed $964K last month

bittingthembits · x · 2026-09-29

Speaking at Exploit, Const argued Bittensor has grown past experiment stage: 23 of 128 subnets generate real revenue from paying customers. Highlights: Lium SN51, the most successful GPU incentive network, billed $964K last month with 63% of rentals started by AI agents; Hippius SN75, Chutes SN64 and IOTA SN9 serve users outside the ecosystem; Chutes' public dataset shows 6.12B requests across 9,174 models. He framed Bittensor as generalizing Bitcoin's verify-and-pay trick to any verifiable output, with the protocol now pulling value from subnet revenues in 2025-2026.

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