Akash is one-third to one-fifth the price of AWS, driving miner arbitrage
DeFi Decoded - Greg Osuri, CEO of Akash on why DeFi needs a Decentralized Internet to succeed (Ninepoint Partners)
“Akash right now offers a price point that’s one-third to one-fifth lower than Amazon. So when you see that sort of arbitrage opportunity… the best way to realize that opportunity is to mine. So we’ve seen quite a bit of miners… and we’re seeing quite a bit of Chia miners… so far it’s been more supply than demand, surprisingly.” — 00:15:32
Context: Describing Akash’s three user categories nine months after mainnet; arbitrageurs were the biggest load at the time.