The Recirculation: Efficiency as the New Ethic

There is a moment in every cycle when the builders stop talking about the size of the machine and start asking about the soul of the machine. In 2017, I was a 19-year-old finance student in Manila, reading whitepapers that promised to reshape the world. We thought the revolution would be loud. It would be a parade of block sizes and hash rates. But from where I stand now, in the quiet aftermath of 2022, I see that the true revolutions are silent. They are not about adding more. They are about doing more with less. This is the lens through which I read the news from Google DeepMind about their new 'Recirculation' method. It is a whisper, but it could be the sound of the ground shifting.