AI compute futures are live on the CME. Here's how they work

AI compute futures are now hitting the market on the CME.

But how do you create a unified financial derivative for computing power when computation comes in all shapes, sizes, and colors?

Ornn's Kush Bavaria says its simple. We've already done this in the physical world -- just look at oil and agricultural commodities.

"I think the easiest way to standardize it is we think of it very similar to how oild works. So if you look at WTI crude for example...in Cushing, Oklahoma there's an exchange that happens between oil. So oil from all parts of the Permian Basin in Texas Come there and they get transacted [as WTI crude].

"Now if you drill in Odessa or drill oil in El Paso, they're going to has different sulfur quantities, different gradients...Yet they all go through the same benchmark, and they're all classified as the same type of oil even though they're very different inherently

"And I think the same thing is true about GPUs...It's the same way financial contracts for other commodities work."

👉 https://www.cleanspark.com/ A market-leading data center developer with a proven track record of success.

👉 https://luxor.tech/ Blockspace’s preferred mining pool. Start hashing today with Luxor!

👉 https://www.lygos.finance/ Borrow against your Bitcoin, without compromising on custody.

Видео AI compute futures are live on the CME. Here's how they work канала Blockspace