Complexity = opportunity and that’s what traders like about compute as a commodity and tradable instrument. There is more than one way to solve or balance the complexity which opens up layers of trading strategies.
Also, some great quotes:
“It has power’s physics and oil’s complexity.”
“Bare metal bandits”
1 week late, but here are some expanded thoughts from my presentation on "Is Compute a Commodity" from last week.
Read on to find out the 5 reasons why compute is a commodity, and the 3 reasons it is not! https://t.co/Bw8ZArieOj
Where would gas & diesel prices be if the U.S. hadn’t stopped building refineries 50 years ago? Who made that call? We have plenty of light crude oil coming up in wells across America but our 1970s-era refineries were developed to process heavy, sour crude.
Texas residential electricity rates in the competitive areas are the SAME as they were on the last day of regulation (12/31/2001): 10.2c/kwh. That’s a 48% real decrease, accounting for general inflation. Muni/coop rates are also low. @GinaHinojosaTX#txlege#affordability