Elon Musk denies reports of Dogecoin mining on Tesla’s Dojo supercomputer

Tesla CEO Elon Musk said it is not possible to use the Dojo supercomputer to mine Dogecoin.

Sorry for any confusion. Dojo is a neural network training computer optimized for video (for self-driving).

Unless there is a predictable pattern to hashing Scrypt (which we will not attempt to find), it will not be competitive with ASIC-based hashing.

Potatoes are delicious!

— Elon Musk (@elonmusk) July 1, 2021

According to him, the company’s supercomputer under development is designed for processing video streams and training neural networks.

«The device will not compete with the Scrypt hashing algorithm, and it cannot be used [for mining Dogecoin],» Musk wrote.

He also apologized for his February tweet ‘Dojo 4 Doge’ that could be misinterpreted.

Dojo 4 Doge

— Elon Musk (@elonmusk) February 21, 2021

Dojo is a supercomputer Tesla is developing to train artificial intelligence and to build an autonomous driving system for Tesla electric vehicles.

According to the developers’ assertion, the installation currently comprises 720 nodes, each containing eight NVIDIA A100 accelerators. In total this amounts to 5,760 devices, and their combined performance reaches 1.8 exaFLOPS.

Unconfirmed reports suggest Tesla will unveil Dojo by the end of 2021.

Earlier in May, a team of four core Dogecoin developers said that has been working with Elon Musk since 2019. Among his initiatives was increasing network throughput.

In late June, Musk backed a proposal to update the Dogecoin network from the altcoin’s developer. Among other things, it provides a 100-fold reduction in the average transaction fee.

Subscribe to ForkLog news on Telegram: ForkLog Feed — the full news feed, ForkLog — the most important news, infographics and opinions.