Degen Capital
2.2K posts

Degen Capital
@DegenCapitalVC
I'm addicted to buying/mining $TOSHI, $DOGINME, and $BTC. With a side hustle of pulling claw machines on https://t.co/LKnu2wntkF - https://t.co/vRqIndLp1b
Katılım Ekim 2024
730 Takip Edilen295 Takipçiler

@PalmerLuckey @kwharrison13 Anduril will be the best public offering in a long time, when can I get involved other than $VCX
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@kwharrison13 We can't release it on account of it including other wild things that haven't been announced yet!
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Anduril's first pitch deck needs to be studied as an example of calling your shot. (It needs a public release!)
In 2017, when they hadn't built a thing, they listed 5 things they wanted to build; have done 4/5:
- Perimeter security on a pole (Sentry)
- Attack-drone swarms (several)
- Autonomous missiles (Barracuda): x.com/PalmerLuckey/s…
- AR headsets (EagleEye): x.com/PalmerLuckey/s…
Only one left AFAIK is autonomous long-range bombers, which Fury seems like a big step towards.

sourcery@sourceryy
.@kwharrison13: Anduril "called their shot early and basically nailed it." "In their first pitch deck, they had five [product ideas]— VR for war fighters, perimeter security on a stick—all these things that I'm sure sounded insane to their early seed investors." "One by one, they’ve nailed them every single time they’ve tried to build them out."
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@PeterSchiff Are you fucking stupid or are you engagement bating? Or both?
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@simpleminingio The problem is having enough money up front to utilize the deduction. Trying to take advantage though!
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The IRS raised the Section 179 limit to $2.5M for 2026.
And they don't care if the equipment you're deducting is a Bitcoin miner.
Section 179 + Bonus Depreciation let you write off the full purchase price of qualifying hardware in the year it's placed in service.
Here's the play:
• Buy ASIC miners before December 31, 2026
• Deduct up to $2.5M against this year's income
• Own hardware that produces Bitcoin every day at $0.07/kWh
The government designed this to encourage business investment in productive equipment. ASIC miners qualify.
You're not gaming the system. You're using it exactly as intended.
Most people pay their tax bill and then accumulate Bitcoin.
But you don't have to.
Your tax bill could be buying S21 Hydro miners instead.
Simple Mining@simpleminingio
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@ToshiPharaoh Was just looking at the NFToshis and NFToshi2.0s criminally undervalued
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@IxTechCrypto I love yalls designs! Excited to support a fellow midwesterner when you get more in stock!
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@CKCapitalxx Not a winner take all game, I promise you there is plenty of money and future deal flow to go around for both.
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I really don’t see why people bother buying $IREN when you can just buy the better company in $NBIS
Both $IREN and $NBIS have a Microsoft contract.
That is where the comparison ends.
$IREN signed a $9.7 billion Microsoft deal in November 2025. Good contract. Real revenue. But that is the last major contract announcement they have made.
The pipeline since then has been smaller neocloud names like Together AI, Fluidstack, and Fireworks AI. Nothing wrong with that but it is a very different customer profile.
$NBIS signed a $19.4 billion Microsoft deal. Then signed a $27 billion Meta deal in March 2026. Then won the contract to build and manage Israel’s national supercomputer.
Three massive contract announcements in rapid succession and the velocity is not slowing down.
Microsoft chose both. Meta chose $NBIS. A sovereign government chose $NBIS. Nvidia chose $NBIS with a $2 billion direct equity investment and preferred GPU allocation that no competitor has access to.
$NBIS was also the first company in Europe to deploy Nvidia’s HGX B300 Blackwell Ultra and holds Nvidia Exemplar Status for training workloads.
$IREN is executing on one big contract. $NBIS is stacking them.
And while $IREN sits under a $6 billion ATM equity offering that represents 37% of their market cap drip feeding dilution into shareholders, $NBIS raised $4 billion in convertible debt and has the backlog to justify every dollar of it.
$46 billion in contracted backlog. $7 to $9 billion ARR by end of 2026. 12 analysts. Strong Buy consensus.
Same theme. One company is building a business. The other is building a pipeline.
$NBIS


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@Leo_Traydes I personally think younger folks who like the markets can and should make some higher risk/reward bets but not everyone is like you and I so there certainly is a place for that type of investing… probably have to go to the financial advising side of X to see it lol
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@DegenCapitalVC Fair. I just think for myself being younger diversity is worth it
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@boomer_btc @jasonnielsen I have been looking into a hosted mining situation a bit, let me do a bit more research and see where I land. Will hit up Jason if I am ready to move forward, thank ya!
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What have a flat monthly fee not an electricity cost. (Jason will fill you in on that price and give you more details if desired). Also, the unit is yours and you have full rights to possess it as long as you are current on your hosting fees. You can have a month-to-month deal or you can lock in a long-term deal. No admin fees on the unit purchase but there is sales tax.
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We have some open hosting slots at one of our South Dakota facilities and we have S21 Pros in stock. We can get new clients up and running within a day. Please DM @jasonnielsen or email to sales@barefootmining.com if you are interested.
P.S. Global hash rate is down and it continues to fall. It looks like the next difficulty adjustment will be down 2-3%.

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@HippieCollects @umbrel You probably know this already but worth saying, these miners are total lottery tickets and most likely a net loser with how small the hash rate is but it does help the network by supplying hash outside of the 5 big mining pools!

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@DegenCapitalVC @umbrel Thank you I’ve heard great things about the Bitaxe gamma
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@HippieCollects @umbrel Buy a Bitaxe Gamma 601/602 for $70-100 if you want to dip your toes in. I just did that recently!
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@DegenCapitalVC @aleabitoreddit I mean if it was for engagement you have plenty of other stocks to go after with an actual cult like behavior that will engage? $TSLA $PLT $GME etc etc.
It’s just incredibly suspect behavior.
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Both Anthropic's Opus 4.6 and 4.7 are probably the dumbest LLMs I've interacted with recently?
Did they get hit in the head by a rock. Or just retrained off $IREN investor conversations?
Probably not going to use it again for awhile.
Felt like God-Mode when 4.6 first came out and just the stupidest LLM I've interacted with recently.
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Congrats to the big #Braiins Solo miner that hit a block! You lucky SOB, wonder how that person is celebrating today?
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@aleabitoreddit I’m so confused why you tweet about IREN every 2-4 days when you don’t even have a position with them? It’s almost feels like you’re being paid to push a negative agenda against them. Incredibly sus to just consistently talk shit about something you don’t even own or are part of.
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