On The Brink with Castle Island

Brannin McBee (Core Weave) on moving from GPU mining to specialized compute (EP.258)


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Core Weave cofounder and CSO Brannin McBee joins the show to talk GPU mining and high performance computation. In this episode: 

  • Details on the Core Weave's latest fundraise
  • Core Weave's hybrid data center model which combines Ethereum mining and generalized computation
  • Transitioning from just crypto mining to the specialized compute market
  • Why the hyperscale cloud providers aren't always suitable for firms with specialized computation needs
  • The nature and size of Core Weave's GPU and CPU fleet
  • How Core Weave services clients in VFX and rendering, machine learning, and blockchain
  • Why Core Weave was able to build a generalizable computational fleet
  • Why the demand for VFX/rendering-based compute is accelerating
  • How film studios are going from capital intensive on-prem computation to outsourcing it to cloud providers
  • How Core Weave is able to achieve a high utilization rate for their GPUs
  • How Core Weave is working on open sourcing GPT-3
  • Why you can't access scale compute at conventional providers
  • How Core Weave is managing Ethereum's transition to Proof of Stake
  • When Brannin expects the final merge to occur
  • How the market for GPU mining will change over time
  • How NFTs are a new source of demand for large-scale compute
  • Core Weave's attitude to Ethereum development
  • Did Ethereum move away from some of its original principles?
  • How proof of work was a strong distributive force during the early days of Ethereum
  • Are miners less positively inclined towards the network now that their business model has an expiration date?
  • Brannin's attitude towards MEV today
  • Brannin's thoughts on Ethereum's security model as it moves towards PoS
  • Does the abundance of capital make PoS more vulnerable than PoW?
  • Why diseconomies of scale for electricity procurement protected PoW networks
  • Why rendering PoW 'synthetic' in PoS makes it easier to pull off an attack
  • How Core Weave pursues sustainability in their operations

Sponsor notes: 

  • This episode supported by Public.com. Start investing with as little as $1 and get a free slice of stock up to $50 when you join Public.com today. Visit public.com/onthebrink to download the app and sign up.
  • This episode is brought to you by Withum, a top 25 accounting firm with a cutting-edge Digital Currency and Blockchain Technology practice. To learn more, visit  withum.com/crypto.
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