mo retweeted
Seems pretty notable that despite all of the pivots to AI from miners, hash rate for bitcoin is quietly almost back at record highs
Before: tankers filled Iran’s main oil-loading terminal.
After: no crude tankers in sight.
Kharg Island is now nothing more than a monument to the one thing the Iranian regime can still produce: failure.
The regime’s arrogance and belligerence continue to punish ordinary Iranians. Operation Economic Outcast is cutting off the regime’s oil lifeline, denying it resources to fund terrorism, nuclear procurement, and the lavish lifestyles of the IRGC elite.
mo retweeted
Claims:
1/ Layoffs are still really low, though the streak of "below 200K" is over after a tiny upward revision to last week
mo retweeted
Hyperscaler capex has grown faster than during any earlier investment boom, including the canal mania, the railway boom, the Roaring Twenties, and the dot-com era.
@reuters @soberlook thedailyshot.com/subscribe/
mo retweeted

Boring_Business@BoringBiz_Oct 21
🇺🇸
United StatesConnected via United States App StoreAccount-level information, not a live location or per-post device.
Ken Griffin calling AI a bubble so he can liquidate Leopold for a second time
mo retweeted
if you aren't paying attention to venice ai, you should be.
- 5 million users
- API Calls are up 400% since July
this is fueling $10.4M/yr burn for base:0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf
mo retweeted
Subsidized APIs hide the cost of intelligence. That bill is coming due.
Chips are scarce. Energy is scarce. Subsidies will shrink. The market reshuffles around whatever delivers intelligence most efficiently.
Akash is where idle GPUs surface. Owners earn. Builders pay less.
Replying to @SemiAnalysis_
This is partly due to OpenAI halving the API-equivalent value of their Pro 200 plan last week. But even before that, they were still less generous than Anthropic. (4/6)
mo retweeted
AkashML now averages 26M requests a week, double the 13M it averaged from mid-July to early August.
260M requests in three months, served on Akash GPUs.
As open models close in on the frontier and agents take on more work, demand keeps climbing.
mo retweeted
The next six weeks are Bitcoin's best six weeks of the year.
October: green 10 of 13 years, median +13%. Only 3 red Octobers ever — back-to-back red has never happened. Sitting at -1.5% with two weeks left.
November: green 8 of 12, median +11%. The best month on record. They call it Moonvember.
Two of the three best months, back to back. The calendar is the bull case.
mo retweeted
You can see that the market is moving towards a framework where: AI capex fears / memory glut / AI payoff questions lead to selling of the various favorites (CRWV, ORCL, MU, SNDK) and if that move becomes large enough, bonds start to rally.
This makes sense to me. The US economy is riding high like a one-legged stool with AI capex just about the entire story for the stock market and for GDP. If the financial vibes wobble, the real economy side is going to wobble too.
mo retweeted
Akash Console just got a full overhaul.
Check it out and let me know your thoughts.
👉 console.akash.network
mo retweeted
Vance to Microsoft: you laid off 6,000 Americans and took 6,300 H-1Bs. Your green card pipeline is suspended.










































