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Empire

Blockworks' crypto podcast covering digital-asset markets, investing, founders, protocols, and industry structure.

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EmpireEN · 66 min

Compute Is A Trillion-Dollar Market Trading In Group Chats | Brett Harrison & Andrawes Bahou

Brett HarrisonAndrawes Bahou

An approximately $1 trillion compute market still trades through calls, texts, Slack, and WhatsApp, while roughly 500 GPU-service providers and opaque brokerage chains create heterogeneous supply and “phantom power” without a standard forward curve.Architect is pursuing dated futures and options, with billing-system benchmarks, as CFTC reviews index reliability, but 20–25% financing costs expose unresolved credit risk.