Rick Stone

PAIN is the BEST teacher

[Rick Stone @RickStone80]

@Zsuirad_Nezrok Dziękuję bardzo

[Zsuirad Ńezrok @Zsuirad_Nezrok]

Get #xau mt5 #algo for free 🥂

1. Like and retweet this post
2. Write your DC nickname.

[Jack Mallers @jackmallers]

Bitcoin is a neutral, open-source public utility. Like fire, water, or the internet.

It is not a person. It is not an institution. It has no secrets.

Corrupt people do not get to rob humanity of our chance to fix the mess we inherited. Bitcoin is the solution, not the problem.

[Steve Platz @steve_platz]

H100 holders & future buyers: now that the OTC + German listings are live, a few things to keep in mind👇

1️⃣ Best market/liquidity is still the H100 ticker on NGM Stockholm. Always use this as your reference.

2️⃣ The US OTC (HOGPF) trades later than Stockholm & follows BTC sentiment after Europe closes. Liquidity is thin - don’t get carried away.

3️⃣ The Frankfurt listing has even less liquidity than OTC. You’re usually trading against the market maker, not another investor. If NGM is higher, don’t expect to “steal” shares at the old price - they won’t fill you. Frankfurt has same close time as NY but still may not be possible to get a fill after 5:30pm CET.

⚠️ Always use limit orders. Even on NGM it’s illiquid, and even more so on OTC/Frankfurt.

[Kamahsutra @TheKamaHsutra]

It's been a little while since I've posted something in long form. Due to a busier schedule and the market malaise, the motivation to post is just slightly diminished. However, with the release of $IREN’s latest monthly report, there is a duty to do so.

IREN has heard the criticism of not being transparent or forthright enough with their AI/HPC plans, and what they intend to do with the $1 billion ATM. This video here is just the first step in establishing a better IR going forward with regards to communicating their vision.
https://t.co/1LPsLHi8oU

This statement here has a lot of things worth discussing:

“We’re also seeing increased demand for our AI and HPC offerings. Our AI Cloud Service approached full utilization by month-end, driven by strong interest in NVIDIA H100/H200s and, looking ahead, next-generation air-cooled Blackwells. Horizon 1 development is progressing well, with strong customer interest, including single-tenant demand far exceeding its initial 75MW capacity. Customer workstreams are advancing through technical due diligence, pricing negotiations and letters of intent.”

The less significant part of the statement is about https://t.co/pTfm9j71gg, the CSP fleet is approaching full utilization again. If this is all the H100 and H200, then this would exceed the prior high of revenue/month when poolside was still around. February was reported as $1.2 million, and this is below the $1.3 million of August 2024. This is likely due to a lower price for H100 GPU hours, and some of the H200 were not onboard yet for February to show revenue. If fleet utilization is almost full, then I would expect CSP revenues to exceed $2 million for March, and eventually to around $2.5 million, closer to IREN’s previous projections of over $300 million annually for CSP.

With that out of the way, we can now talk about the meat of this operational update: Horizon 1. Many people are nervous about the prospects of Horizon 1 being a viable DC and are always pointing to no clear deal signed or perceived lack of customers for IREN. In this update, IREN is finally moving the cards a little further away from the chest, talking about the demand and even go as far as mentioning negotiations for a LOI.

The demand for DC rack space is very apparent for people who follow the DC space, and listen to podcasts such as datacenterHawk. The demand is especially high in the category of under 100 MW for enterprise use, which Horizon 1 would be targeting. Recently, 2 of the biggest commercial real estate companies, CBRE and JLL, published their market trends for DCs.

https://t.co/6B0GMWm787
https://t.co/TOSxLivKpq

“The overall vacancy rate in primary markets fell to a record-low 1.9% at year-end. Only a handful of facilities with 10 MW or more are slated for delivery in 2025 and are not yet leased, reflecting the scarcity of large-scale available inventory.”

This statement here tells us just how hot this market is currently for rack space. The little caveat being that they are talking about primary markets, which Childress admittedly isn’t. However, being a liquid cooled facility over 10 MW is highly sought after regardless of it being a primary or secondary market. This surge in demand is easily seen in the asking rental rates increases YoY, and the trend is moving up towards the right.

Another notable chart is the preleasing vs under construction chart by MW. Since the start of the AI/HPC DC boom, the preleasing of under construction MW has been quite high, 83% in 2023 and 76% in 2024. This would mean that there is a high probability that Horizon 1 will get at least a large portion of it’s MW leased before the construction is completed.

Current vacancy rates and demand would have all been known to $IREN before they committed to building Horizon 1. Is this a case of “if you build it, they will come”? If you believe $IREN that they are “advancing through technical due diligence, pricing negotiations and letters of intent”, then it would be no. To get to this stage and only having announced Horizon 1 less than a month ago, it is a logical assumption that they already had interested parties before deciding to build.

Building for demand does work, and one of the best case studies of this in the liquid cooled DC space is the QScale Q01 DC campus in Levis, Quebec. When it started construction in March 2022, it did not have any customers. This is the crux of QScale’s vision:

“QScale’s first campus is one of the few places in the world that has the flexibility to host power-intensive liquid-cooled racks of up to 100kW density while simultaneously being able to host more traditional air-cooled servers in the same environment.”

Does that sound familiar? $IREN’s DCs have always been about flexibility, however, now with Horizon 1, they are offering the opportunity to host power-intensive liquid-cooled racks of up to 200kW density. QScale Phase 1 (14 MW) construction was completed around the end of 2022, and the first customer workloads started around March 2023. Phase 2 doubled the capacity and started construction in September 2022, a full year ahead of schedule. Both Phase 1 and 2 are now completed, and there is a total of 8 phases to their plan. They landed HPE as their first anchor tenant in May 22, 2023, and has been doing very well since it’s commissioning. It was the "North American Data Center Project of the Year" winner at DCD Global Awards 2023.
https://t.co/J5B90geN7P

Will Horizon 1 have to wait until after construction is completed before landing an anchor tenant? Given the current demand of liquid cooled 200kW density rack space, not likely. Especially if you believe that $IREN is already at the stage of working on LOIs, and possible single tenant demands over its initial 75 MW capacity.

One more interesting connection that QScale Q01 has with Horizon 1 is their relative distance to their nearest urban centers. Levis is about 220km from Montreal and 480km from Boston, while Childress is about is about 350km from Dallas. QScale Q01 is an award-winning DC, and I haven’t any heard FUD about it not being able to do inference workloads just yet.

[Rick Stone @RickStone80]

I'm participating in the @ethena ecosystem.

Join the campaign with my code: https://t.co/P7KjsEB5rx

[Justin Banks @RealJGBanks]

7. Building A Small Account

I use the 20% rule and start with $2,500

$2,500 broken down by 20% is

5 x $500

Use $500 per trade and look for 20% gain which equals $100

If you use a 10% SL and it hits you only lose 2% or $100 of your port

[Alex Becker 🍊🏆🥇 @ZssBecker]

Good job panic selling your 1 shot at generational wealth right before the biggest alt season in history you fat fucking retard.

[MetaZero @metazerogg]

DeTokenization and unwrapping of Gaming RWAs is now live on $MZERO Public beta.

https://t.co/pdkoMRwmaI

Are you ready for expansion to more @Steam games 👀

[🕵️GEM DETECTER🕵️ @gem_detecter]

People sent $ROSS straight back to the jail again 😂

[NotMissing @notmissing_]

Guys if you search $ROSS on Twitter there are not so many posts recently

It’s VERY important in this moment that you work to spread the coin

Please do your part, 1 tweet each and we climb 📈

[VD @hmalviya9]

What is the future of Public Blockchains?

And what are the roles of tokens in those networks?

Can these tokens manage to sustain value in the near future?

Let's talk about it today 🧵

[Rick Stone @RickStone80]

@xtawtis Black Face is the only way to go

[Rick Stone @RickStone80]

@_d3f4ult Do you have a view on $ROSS @rossonsol ?

[D3f4ult “VC Slayer” ⚔️ @_d3f4ult]

“Some of Ross’s people”

Bro stop it. im some of Ross’s people and i can call his family right now

Ross had millions stolen by the govt, secret service, hackers, & now scammers

it makes me sick to see others take advantage of someone’s suffering & retards supporting for allo

Ross’s freedom is a win for us all

[$ROSS @rossonsol]

2 days till Ross Ulbricht is home. Let's end all this negativity and stick to what's important. We have built a solid community over 8+ months with $ROSS and we can't wait to welcome him into it.

[Squiggly Hair Shanks @redhairshanks86]

ansem, i like you, so i will be fair, but i need to call you out on this one.

everyone, listen up, i am exposing an insider play here:

- a newly created account with 25 posts launched a ross ulbricht coin to extract value. the account is brand new, only has fake followers, but for some reason ansem follows him
- the dev bundled 95% of the supply, already cashed out $2 mil for himself and is manipulating the market with bots and fake twitter accounts
- ansem is quoting the fake ross coin within the first hour pretending to have found it. it is very common for undisclosed shills to use phrases like "oh, i found this" or "pretty cool to find...". this is not speculation, the evidence is overwhelming
- fake ross is manipulated to $25 million market cap already, but price is dropping hard from peak as it is such an obvious grift. 1 hour after launch it already has 6.5k holders... this is not possible and he uses bots to distribute the bundled supply

to all my fellow $ross brothers:
this is a declaration of war to us. we need to defend our bags, no one is coming to help us. be merciless. don't insult ansem, even though he is obviously part of the cabal. let's give him a chance to do the right thing.

but have 0 merci on the fake rosscoin. insult and attack the grifting dev and let the world know that a cabal will not win against us today.

[$ROSS @rossonsol]

"Don't you dare give a prediction for $ross coin Cramer you f***. This one's going to the moon"