Matt Dratch(@DratchCap):Still wouldn’t impact the cash flow (and therefore depreciation) of still plugged in older chips in a market tight enough to justify ripping 3yr old GPUs out. This world would be good for powered shells of course On the 2028 power, I hear this a lot but what I can’t square is why there is a chunky amount of power uncontracted that can energize before the end of 2028. Companies like CIFR, WULF, IREN, CORZ, KEEL, RIOT, NUAI, even FRMI, ALL have substantial power coming on. And this is just the public companies, btw. So for all the fear on 2028 power from a lot of folks, there sure is a lot of capacity on the block that is still up for grabs. 🤔

2026.09.24 04:45

Still wouldn’t impact the cash flow (and therefore depreciation) of still plugged in older chips in a market tight enough to justify ripping 3yr old GPUs out. This world would be good for powered shells of course On the 2028 power, I hear this a lot but what I can’t square is why there is a chunky amount of power uncontracted that can energize before the end of 2028. Companies like CIFR, WULF, IREN, CORZ, KEEL, RIOT, NUAI, even FRMI, ALL have substantial power coming on. And this is just the public companies, btw. So for all the fear on 2028 power from a lot of folks, there sure is a lot of capacity on the block that is still up for grabs. 🤔