Read this carefully.
- $NOCK emissions reduced by 80% just 2 days ago
- Miner cost basis over double the current price
- 57% of miners are underwater
- DCG (@BarrySilbert) is still accumulating as well a 9 figure wallet on chain
Computational privacy narrative is heating up.
nockchain cut miner emissions 80% on june 6. block rewards went from 16,380 NOCK to 2,048. daily sell pressure collapsed from $127k to $41k. miner cost basis is above $0.10, current price is $0.043. miners are 57% underwater and can't afford to dump. DCG wallet on base is still accumulating. $94m market cap with coinbase custody already live. the supply side just got strangled and the demand side has a 9-figure buyer with a trackable wallet. compute markets launched june 2 turning AI inference jobs into block reward lottery tickets. if that gets any traction at all this reprices violently
The Compute Network framework on @Nockchain uses ZKPs to allow multiple Proof of Work Computation Protocols to merge-mine the same chain.
More Compute Networks = more miners, more security, and more use cases.
I brought a significant amount of $NOCK during the bear market.
This is easily a $1b plus token.
L1 + Privacy + AI compute.
The ultimate recipe for life changing gains. The best part is - it’s still a low cap too.
Read this carefully.
- $NOCK emissions reduced by 80% just 2 days ago
- Miner cost basis over double the current price
- 57% of miners are underwater
- DCG (@BarrySilbert) is still accumulating as well a 9 figure wallet on chain
Computational privacy narrative is heating up.
nockchain cut miner emissions 80% on june 6. block rewards went from 16,380 NOCK to 2,048. daily sell pressure collapsed from $127k to $41k. miner cost basis is above $0.10, current price is $0.043. miners are 57% underwater and can't afford to dump. DCG wallet on base is still accumulating. $94m market cap with coinbase custody already live. the supply side just got strangled and the demand side has a 9-figure buyer with a trackable wallet. compute markets launched june 2 turning AI inference jobs into block reward lottery tickets. if that gets any traction at all this reprices violently
The path to $TAO decoupling from the broader crypto market is actually quite simple:
Products → Customers → Revenue → Buybacks → Value Accrual
The reason I'm more bullish on Bittensor today than I was 6 months ago is because the ecosystem is progressing through those stages faster than most people realize.
Not that long ago, the main challenge for subnets was proving they could build product.
Could they leverage Bittensor to solve a real problem?
For many of the serious teams, that stage is now largely behind them.
The conversation has shifted.
It's no longer about whether they can build.
It's about whether they can find product-market fit, land paying customers (phase 2), and eventually scale (phase 3).
More and more subnets are now working directly with design partners and early customers. Instead of building products based on assumptions, they're building solutions around real business problems.
That's how sustainable businesses are created.
And that's where the real new money enters the ecosystem.
Through customers paying for products that create value.
Once that revenue starts flowing back into subnet economies, the flywheel starts spinning.
That's why I believe the long-term winners in Bittensor won't be determined by hype.
They'll be determined by value creation.
The subnets that successfully capture real-world revenue and feed value back into the ecosystem will be the ones that outperform.
And when enough subnets start doing that, I think that's when $TAO truly begins to decouple from the rest of crypto.
bittensor:native is ridiculously undervalued.
[1.] It will remain undervalued even after a 10x price increase during the upcoming cycle. Target is $3,000 per bittensor:native.
[2.] The project represents a superior form of capitalism with no monopoly privileges.
[3.] Its value comes from competition between subnets (specialized AI networks in most cases) to provide the best digital commodities and intelligence.
This is the most exciting innovation in technology since smart contracts on Ethereum.
Crypto is quite easy when you are into researching fundamentals because unfortunately they’re not many enticing projects out there. I still love this space but it’s true.
$Nock is a clear winner once people realize it. I actually did better last bear market than bull market because of this. I’m in my zone and know a winner when I see one.