CryptoSlate says investors are effectively underwriting access to electricity: tenant rent pays the bonds, but power costs and future retrofit needs determine how much cash is left.
CryptoSlate reports that Wall Street has turned AI’s electricity demand into a $61 billion bond market, up from about $4 billion in 2020. The publisher says tenant rent pays the bonds, while power costs, available megawatts and future retrofit needs determine how much cash remains.
1.7K
1 post, first seen 4d ago
CryptoSlate says investors are effectively underwriting access to electricity: tenant rent pays the bonds, but power costs and future retrofit needs determine how much cash is left.
CryptoSlate reports that Wall Street has turned AI’s electricity demand into a $61 billion bond market, up from about $4 billion in 2020. The publisher says tenant rent pays the bonds, while power costs, available megawatts and future retrofit needs determine how much cash remains.
CryptoSlate@CryptoSlateWall Street has turned AI’s power demand into a $61B bond market, up from about $4B in 2020. What investors are really underwriting is access to electricity: tenant rent pays the bonds, but power costs, available megawatts and future retrofit needs determine how much cash is…
CryptoSlate@CryptoSlateWall Street has turned AI’s power demand into a $61B bond market, up from about $4B in 2020. What investors are really underwriting is access to electricity: tenant rent pays the bonds, but power costs, available megawatts and future retrofit needs determine how much cash is…
