# Akash is one-third to one-fifth the price of AWS, driving miner arbitrage

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2021-12-15
- **Theme:** GPU Economics — https://www.gregosuri.com/predictions/gpu-economics/
- **Source:** DeFi Decoded - Greg Osuri, CEO of Akash on why DeFi needs a Decentralized Internet to succeed (Ninepoint Partners)
- **Watch at:** 00:15:32 — https://www.youtube.com/watch?v=7pEWlQnQ_8Q&t=932s
- **Canonical:** https://www.gregosuri.com/predictions/gpu-economics/2021-12-15-akash-is-one-third-to-one-fifth-the-price-of-aws-d-mxcm/
- **Cite as:** Greg Osuri, "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), 15 Dec 2021, 00:15:32. https://www.youtube.com/watch?v=7pEWlQnQ_8Q&t=932s

## Quote — verbatim

> 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.

## Context — site annotation, not spoken

Describing Akash's three user categories nine months after mainnet; arbitrageurs were the biggest load at the time.