This is a nice effort if it allows you to run bloom 170B in 1s per token. Just for comparison sake. With a last gen Ryzen cpu (16core) it takes me about 90s to run the model with 32gb ram (the entire model uses few GB of nvme storage too, as 32gb isn't enough ram).
However, I wonder how they prevent abuse. The main page doesn't mention it. As they mentioned block chain I suspect there will be some sort of credits implemented. I'll definitely be watching where this project goes.
Edit:just to clarify the 90s is not the 170b parameter model. It is 7b bloom version. I forgot to mention it and it puts the ability to run a 170B model in 1s in better perspective.