Computers are plentiful everywhere, yet more bits are mined in SV than anywhere else. Maybe the fact that bit mining expertise is concentrated there is useful to produce more zeroes and ones. I suppose the same might be true of olivine.
Are they?
You'd really have to twist some strange language to attribute distributed global computation to SV because they may own or have invented certain technologies to even begin to argue that.
Just think of how expensive SV is in general. It doesn't make sense.