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Barry Silbert

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@BarrySilbert

Founder/CEO @DCGco & @YumaGroup | Chairman @Grayscale | parent @FoundryServices @LunoGlobal @FortitudeCrypto | investor in 200+ cos, τ

dcg.co/disclaimer
Stamford, CT dcg.co Joined October 2011
431 Following 856K Followers 1.8K Posts

Latest posts 5

Barry Silbert Verified account @BarrySilbert
Bittensor bittensor:native ecosystem is on fire. Revenue run rate is growing 40% month over month
SubConnect Verified account @WeAreSubConnect 5d
$35M → $50M → $70M.

Another month, another 40% MoM increase in annualized revenue across the Bittensor ecosystem.

When we published the first SubConnect Bittensor Revenue Index, we estimated that revenue-generating subnets were collectively doing around $35M in annualized revenue.

A month later, that number had grown to approximately $50M.

Today, we're estimating $70M in annualized revenue.

That's a 100% increase in just two months.

Of course, annualized revenue is a snapshot, and the real challenge is sustaining that growth while improving margins and reducing dependence on emissions, but the direction is clear.

Bittensor is growing from the inside out.

And our expectation of $100M+ in annualized revenue by the end of 2026 is getting closer.

We'll continue tracking the numbers every month through the SubConnect Bittensor Revenue Index.
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Barry Silbert Verified account @BarrySilbert
Big milestone: Fortitude crossed 5 GSol/s of Zcash hashrate

The team is focused on its vision to build the largest $ZEC mining platform

$HSCS
Fortitude Verified account @FortitudeCrypto Oct 15
Fortitude has surpassed 5.0 GSol/s of Equihash hashrate, representing a meaningful share of Zcash network mining capacity.

As Fortitude continues to scale, the Company remains focused on its vision to build the largest vertically-integrated Zcash mining platform. $ZEC $HSCS

See important additional information here: fortitudemining.com/disclaimers/
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Barry Silbert Verified account @BarrySilbert
Mike built @FoundryServices into an industry leader, assembled a world-class team, and helped cement US leadership in Bitcoin mining. His impact on the industry is remarkable

Grateful for everything @colyermike contributed over his 7 years and his support through the transition
Foundry @FoundryServices Oct 7
Today we announced that @colyermike is stepping down as CEO of Foundry after 7 years. Mike built Foundry from 1 employee into the operator of the world's largest Bitcoin mining pool. He will remain with Foundry for six months as a strategic advisor to support the transition.
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