➥ I think PoUW is inevitable You and I both know it doesn’t make sense to waste compute using PoW on meaningless hashes anymore What if that same energy could train #AI, generate #ZK proofs, or render game worlds… and still secure the chain? Well... turns out, PoUW can and there're real projects doing it ↓↓↓

‘Gonka is being built brick by brick. Every contribution, from running a node to developing a broker or participating in governance, is critically important. The path is clear: become a core part of global AI compute infrastructure. We are not waiting for someone else to do this. Our community is creating this network together, step by step.’ medium.com/product-science-a…

As someone holding $CIFR for the long term, this CNBC sit-down with Tyler Page mostly reinforced why. On the pipeline he did not hedge. 'It's extraordinarily robust,' he said. That tracks with a 4.2 GW portfolio across 10 sites, 600 MW of it already under construction for hyperscaler tenants. The market spent two years seeing a bitcoin:native miner. He thinks it is finally seeing the real business. The core idea is about land. 'We're ahead of the curve,' he said, and the reasoning is contrarian. To make mining work, you chase cheap power where generation is abundant and demand is thin. West Texas, mostly. The AI buildout flipped those same spots from tier three to tier one, and $CIFR was already standing there with a deep land position. His read on demand was blunt. He called AI adoption 'a completely convex adoption curve,' with tenants now wanting 200 to 500 MW at a single campus. His question as a non incumbent was simple. Where do you find that in Northern Virginia? There is not enough power there, so the demand has to move to where the power already sits. On the old latency objection, he pointed to a fiber line built 25 years ago running east to west under I-20, where they found unused capacity. For training and inference he claims 'sub 10 milliseconds' to the major Texas metros. Not low enough for traditional cloud, but fine for AI work. The part I keep coming back to is the deal method. The 4.2 GW he frames as grid connections. The faster lever is bring your own power. Tap the natural gas pipeline next door with a lateral, build your own generation, and skip the grid queue. He says that path can deliver power in about '18 months' instead of years. His line on the land says all of it: 'an endless ocean of natural gas.' Sites sitting on cheap gas, next to existing fiber, able to self generate while grid interconnects catch up. Speed to power is the moat right now, and he is selling speed. Execution backs the talk. A $5.5B, 15 year AWS lease for 300 MW with phase one due this July. The earlier Fluidstack and $GOOG deal. A 1 GW JV called Colchis. A new Ohio site that opens the PJM market. A third hyperscaler lease and a $200M revolver. $MS just lifted its target to $53.50. The stock now trades on future leases instead of mining cash flow, which is why a soft bitcoin:native tape still pulls it around. It faded from $28.56 to about $26 today. None of that changes the long term picture for me. Rent starts landing in August, the land is real, and the power strategy is the difference. It's not a sprint, it's a marathon.