The AI ASIC Market, Part 5: The Inference Economy Has Many Winners
NVIDIA's strategic response to the independent AI chip challengers, and the structural reasons the inference economy has many winners.
4CP for Bitcoin Miners: How One Hour Sets a Year of ERCOT Transmission Costs
Each summer, four 15-minute windows on the ERCOT grid determine Texas mining sites transmission costs for the next 12 months.
The AI ASIC Market, Part 4: The AI Chip Companies Outside the NVIDIA Fight
Tenstorrent and Tensordyne aren't fighting NVIDIA head-to-head. They're betting on different markets and different architectures.
Two Years Into the 2024 Halving: The Hashprice Regime Change
Across both years, every rolling hedge strategy beat spot (FPPS) mining.
Bitcoin Mining and Demand Response: Why Mining Fleets Are Well-Suited for ERCOT's Flexibility Programs
What makes Bitcoin mining a practical fit for demand response participation in ERCOT.
The State of Bitcoin Mining in Bolivia (2026)
A 2,400% hashrate spike built on subsidized gas, a new government, and one European operator.
The AI ASIC Market, Part 3: The Independent AI Chip Companies Taking on NVIDIA
How Groq, Cerebras, and Etched are challenging NVIDIA — and what their valuations signal for purpose-built compute infrastructure.
The AI ASIC Market, Part 2: How Broadcom and Marvell Quietly Power Hyperscaler AI
Two companies enable 80% of hyperscaler custom AI silicon. Here's how they got there and where they're headed.
