OpenAI will burn $115B through 2029 chasing profitability, which is a reminder that AI is fundamentally an energy commodity, not infinitely scalable software. Like oil before it, AI isnt constrained by code but by power availability and datacenter capacity🔋 Good piece:

Lotta AI news this week at a time when hashprice is getting crushed. Check out the full episode below or on YouTube!

Some wild news items on the docket for this week's news roundup. One of my favorite rips of the year. Ben Harper also hops on to give us an update on how miners and traders are playing the hashrate market rn, plus Ben/Luxor's EOY forecast for BTC's hashrate🔮

BREAKING: BTC surges to an all-time high of $125,700🚀 Bitcoin is up 10% WoW, 34% YTD, and 102% YoY👀

Recorded a roundup live at NABs with Ethan Vera. Lots of headlines to chew through this week (and mining stocks were ripping until Trump's tariff tweet tanked the market).

Packed week for news with some pretty diverse headlines -- everything from MARA dismissing an executive to a $14B+ crypto scam bust. Plus, BlackRock is coming for all the data centers in the biggest data center M&A ever. Catch those stories + more in this week's roundup!👇