Matt Prusak @MattPrusak Twitter profile

Last Seen Profiles

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@cukienaknikmati

@pengen_stw

@nagisa__cho

@atakatadai

@Riddlemethiss84

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@yaeccietakerisk

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@_mattmansfield_

@jtown_net

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@ChibyicS

@EC2man

@zeyuu_gfx

@jHs6UueUyKv6YuI

Matt Prusak

@MattPrusak

4 months

Big thanks to the team for their efforts to get energization underway

IonicDigital

@IonicDigital

4 months

@IonicDigital just powered up our first miners at Cedarvale. Hundreds online, thousands to go.

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Matt Prusak

@MattPrusak

6 months

Folks, we’re nearing emergence, but until then the @CelsiusNetwork estate controls official comms. You’ll be hearing from me plenty once underway. We’re planning to deliver results. We’re planning to drive returns. Excited to share the future of @IonicDigital with you.

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Matt Prusak

@MattPrusak

6 months

Looking forward to serving our shareholders

Celsius Emerges from Chapter 11 and Commences Distributions of Over $3 Billion of Cryptocurrency to...

Celsius Network LLC (“Celsius” or the “Company”) announced today that it has successfully emerged from bankruptcy by completing the transactions under

www.businesswire.com

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Matt Prusak

@MattPrusak

6 months

@IonicDigital is officially live. We're redefining the bitcoin mining sector post-Celsius' bankruptcy. With 127,000 rigs, our goal is driving value for shareholders and stakeholders.

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Matt Prusak

@MattPrusak

3 months

For those interested in learning more about @IonicDigital 's operations and current plans, I encourage you to review our amended Form 10 filed with the SEC today. I’m excited to share these updates on Ionic Digital’s progress as we continue to work with the SEC toward Form 10

IonicDigital

@IonicDigital

3 months

We're excited to announce that @IonicDigital has filed its amended Form 10 with the SEC today, providing an updated look at the Company’s profile and operations.

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Matt Prusak

@MattPrusak

3 months

In just hours, #Bitcoin 's inflation rate will be cut in half, dropping below that of gold. The halving makes Bitcoin's fixed supply even scarcer and supports its position as an inflation hedge in a world of expanding fiat money supply h/t @Sina_21st for the insightful chart

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Matt Prusak

@MattPrusak

4 months

@IonicDigital is actively working through the process with the SEC on our proposed listing. The 60-day SEC comment period is just one step in the process, and we expect to go through a series of these before getting final approval from the SEC. We continue to forge ahead and will

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Matt Prusak

@MattPrusak

9 days

Thrilled to welcome John Penver as @IonicDigital 's new CFO! John's deep experience in data center tech and finance are exactly what we need as we prepare for our public listing. His expertise will be invaluable in driving our growth and success in the bitcoin mining industry

IonicDigital

@IonicDigital

9 days

We're excited to announce John Penver as our new CFO! With 18+ years in data center tech and infrastructure, John brings extensive finance and operations expertise to drive our listing process and financial strategies. Welcome to the team, John!

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Matt Prusak

@MattPrusak

6 months

@ChazzonKe Absolutely, @ChazzonKe . Committing to transparency and consistent communication to set a new standard of excellence for the industry. We're in this together.

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Matt Prusak

@MattPrusak

4 months

You've probably have heard/read about Texas needing to connect to the national grid for the stability of Texas power. But if you look at the chart below, it appears that it is the U.S. that may ultimately need Texas

Jeff Davies, the Energy OG

@EnergyCredit1

4 months

Nearly 60% of all US planned capacity is in Texas

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Matt Prusak

@MattPrusak

4 months

Excited to have Chuck Ammann joining @IonicDigital as our Chief Legal Officer. Chuck brings strong in-house legal expertise to the team — looking forward to working closely with him on our listing efforts and other regulatory / legal activities as we grow Ionic!

IonicDigital

@IonicDigital

4 months

We’re pleased to welcome Charles "Chuck" Ammann to @IonicDigital as our Chief Legal Officer. With over 25 years of experience in legal and corporate governance, Mr. Ammann brings a wealth of expertise to the leadership team

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Matt Prusak

@MattPrusak

6 months

A special shoutout to our day-one shareholders - the Celsius creditors. Your trust drives us towards transparency, innovation, and growth. We're committed to making this a success story for everyone involved.

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Matt Prusak

@MattPrusak

6 months

Looking forward to engaging with you all on this platform and across various media channels. Your insights and interactions are vital as we navigate this exciting journey with Ionic Digital. Follow me @MattPrusak for more.

Matt Prusak

@MattPrusak

6 months

@IonicDigital is officially live. We're redefining the bitcoin mining sector post-Celsius' bankruptcy. With 127,000 rigs, our goal is driving value for shareholders and stakeholders.

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Matt Prusak

@MattPrusak

30 days

@CelsiusFacts @IonicDigital @SimonDixonTwitt @AaronDBennett @CelsiusNetwork @JSLVENTURES Yes, we will be filing these agreements publicly before we go effective/list

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Matt Prusak

@MattPrusak

4 months

@CelsiusFacts @IonicDigital You're correct - I'm all about communicating, just have balance what I'm able to chat about with what's appropriate/allowed given the listing process

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Matt Prusak

@MattPrusak

6 months

@ChazzonKe Originally, the fleet consisted of approximately 122,000 units. As of last July, an additional approximate 5,000 rigs have been purchased. The most recent information can be found in the Ionic Digital Form 10, available here:

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Matt Prusak

@MattPrusak

6 months

This isn't just a leadership change. It's about shaping a top-tier business in the ever-evolving crypto space. Ionic is well-capitalized, debt-free, and supported by a passionate community.

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Matt Prusak

@MattPrusak

9 months

🧵1/14: The world is awash in rapid technological advancement, especially in #AI and #Computing . Many grasp that this rate is accelerating, but what's harder to conceptualize is the "jolt" or "jerk"—the change in this rate of acceleration. Let's dive in.👇

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Matt Prusak

@MattPrusak

6 months

Our journey is about uniting our strengths, igniting innovation, and opening new collaboration avenues. We aim to excel in bitcoin mining and contribute significantly to the crypto industry's growth.

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Matt Prusak

@MattPrusak

6 months

Despite industry challenges and the upcoming Bitcoin halving, Ionic Digital stands for hope and resilience. We embody the power of strategic restructuring and a fresh start.

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Matt Prusak

@MattPrusak

9 months

I hope you've found this thread helpful. Follow me @MattPrusak for more. Like/Repost the quote below if you can:

Matt Prusak

@MattPrusak

9 months

🧵1/14: The world is awash in rapid technological advancement, especially in #AI and #Computing . Many grasp that this rate is accelerating, but what's harder to conceptualize is the "jolt" or "jerk"—the change in this rate of acceleration. Let's dive in.👇

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Matt Prusak

@MattPrusak

2 years

@stephmui At least coach him on the benefits of going buyside

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Matt Prusak

@MattPrusak

5 years

Another win for @JupiterIntel ...robust climate risk analytics will improve infrastructure resiliency across the Hawaiian islands @RichSorkin @HwnElectric @DCVC @mattocko

Rich Sorkin

@RichSorkin

5 years

Excited to announce partnership with @HwnElectric . @JupiterIntel key part of infrastructure resiliency and planning effort, assessing risk arising from perils like wind and flooding related to changing climate conditions on a 50-year time horizon.

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Matt Prusak

@MattPrusak

10 months

With LLMs inevitably being applied to deciphering ancient languages, there are absolutely more of these surprises in store

Pythagorean Theorem Found On Clay Tablet 1,000 Years Older Than Pythagoras

It predates Pythagoras by over 1,000 years.

www.iflscience.com

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Matt Prusak

@MattPrusak

3 years

@SmallCapScience $Klima. No close second - nothing else is adding substantive real-world utility...just trying to clone the $OHM magic

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Matt Prusak

@MattPrusak

9 months

14/14: PS - What derivatives come after velocity, acceleration, and jerk/jolt? Technically snap, crackle, and pop (oh boy)

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Matt Prusak

@MattPrusak

1 year

@stephmui “There’s only two ways to make money in business: one is to bundle, the other is unbundle”

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Matt Prusak

@MattPrusak

10 months

We hit the pseudo-singularity in March - only a matter of time before improvement becomes recursive

Andrew Curran

@AndrewCurran_

10 months

New results. I've been saying this for some time; The average human was surpassed in March by GPT4. It seems to me there should have been more fanfare. Some of the bridges that are about to be crossed by the next iteration will be transformative for human society.

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Matt Prusak

@MattPrusak

5 years

@leepnet @JupiterIntel

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Matt Prusak

@MattPrusak

10 months

LiDAR and LLMs are each driving a new era in understanding our past

𝙲𝚑𝚊𝚛𝚕𝚎𝚜 𝙲. 𝙼𝚊𝚗𝚗

@CharlesCMann

10 months

When I wrote 1491, I began by describing the big earthworks ("geoglyphs") in western Amazonia. Now a 220-person(!) team uses Lidar to find 20 more all over the river basin, and uses computer modeling to argue there are 10-24k more hidden in the forest.

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Matt Prusak

@MattPrusak

5 years

@paulg @Conaw - @RoamResearch

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Matt Prusak

@MattPrusak

11 months

@KUTnathan I'm surprised they haven't piloted applying white paint to reflect the sun's heat and reduce the track temperature like they do Europe

DB Expands Its Programme to Paint Rails White

Deutsche Bahn (DB) is expanding its programme to paint rails white as a way of keeping them cool and protecting the steel from the heat.

railway-news.com

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Matt Prusak

@MattPrusak

2 years

@lmushin Or as some call it: "anecdata"

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Matt Prusak

@MattPrusak

3 years

For those considering founding a healthcare company!

Josephine Chen

@josephinekchen

3 years

1/ @EricTLiu , @shawnxu , and I are launching our next cohort for #RamenMafia , focused on healthcare! If you're looking to start a company in healthcare and want to meet other incredible people interested in the space, apply below!

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Matt Prusak

@MattPrusak

3 years

Amazing concept!

Capital

@capitalxyz

3 years

Drop 002 — Helpful VCs Investors have 5 hours to verify and claim their NFT by tweeting it out… if they don’t, it goes to auction. Not a VC? Retweet this tweet for a chance to win a Helpful Analyst!

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Matt Prusak

@MattPrusak

3 years

@tszzl Or just judicious use of Vimcal

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Matt Prusak

@MattPrusak

1 year

@alistairkitchen *No; it is everyone else ;)

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Matt Prusak

@MattPrusak

9 months

10/14: However, the acceleration in AI also increases the risks associated with unintended consequences. If we thought the pace of ethical considerations was already lagging, brace for impact. The jolt can exacerbate this lag.

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Matt Prusak

@MattPrusak

4 years

@johnolilly Looks like our conversation in class was more timely than we anticipated!

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Matt Prusak

@MattPrusak

3 years

@friedmandave @ByrneHobart Agree with @friedmandave - plus 4H is taken

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Matt Prusak

@MattPrusak

9 months

2/14 First, a quick physics recap. "Jolt" or "jerk" is the derivative of acceleration. Just like acceleration is how fast velocity changes, jolt is how quickly acceleration itself changes. In other words, it's the "change of change."

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Matt Prusak

@MattPrusak

5 years

@mattocko @JupiterIntel to the rescue!

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Matt Prusak

@MattPrusak

3 years

@LauraDeming Yes, in the sense that the funding circuit has its own pop culture in terms of what’s hot, and it’s generally helpful to be on point in terms of keyword bingo. General pop culture? If there’s a way to reference it in a manner that makes the product more relatable

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Matt Prusak

@MattPrusak

4 years

#BrainSwabsSuck @FredTurnerBio

Rex Chapman🏇🏼

@RexChapman

4 years

Seen a COVID-19 swab-test performed? Now ya have...

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Matt Prusak

@MattPrusak

3 years

@HideNotSlide Wonder where Bulllish Global will reside

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Matt Prusak

@MattPrusak

3 years

@ScottHickle @grahammcbain People don’t want endless rickety bridges between L2s and duct-taped solutions. They want their dApp functional without banking on a Jenga tower of other dev teams

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Matt Prusak

@MattPrusak

3 years

@ByrneHobart The geopolitical version of DARE

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Matt Prusak

@MattPrusak

4 years

@ByrneHobart 🤦🏼‍♂️

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Matt Prusak

@MattPrusak

9 months

7/14: Unfortunately, our brains aren't wired to intuitively understand jolt. We tend to project linearly, even when trends are exponential. This is called "exponential myopia," and it can lead to missed opportunities or underestimated risks. 👀

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Matt Prusak

@MattPrusak

9 months

8/14: How can one adapt to this concept of "jolt"? 1) Adopt a mindset of constant learning. 2) Use predictive modeling with higher-order derivatives. 3) Foster a culture of agility to adapt to paradigm shifts quickly.

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Matt Prusak

@MattPrusak

9 months

4/14: Look at AI research. Not too long ago, advancements like GANs or Transformer were groundbreaking. Now, similar leaps happen more frequently/unexpectedly, leading to an increased rate of acceleration - look at @tri_dao ’s work with FlashAttention-2 as one example.

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Matt Prusak

@MattPrusak

10 months

@ThisIsA1ex The Venn diagram intersection of those with the academic interest and those with the technical ability is likely fairly small (for now), but tenure being as competitive as it is, I suspect some enterprising techno-archaeologist will go on an absolute tear

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Matt Prusak

@MattPrusak

9 months

5/14: The jolt in tech isn't just about faster breakthroughs but also as rapid paradigm shifts. In hardware, things may rapidly transition from node improvements (5nm→3nm), to 3D memory / neuromorphic computing / quantum. These shifts themselves are happening more frequently.

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Matt Prusak

@MattPrusak

2 years

@ByrneHobart I’d call this an epistemic heist - it’s epistemic trespassing, but they scored

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Matt Prusak

@MattPrusak

3 years

@lmushin @WillieNelson It's standard issue - comes with the property title

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Matt Prusak

@MattPrusak

3 years

@adamscochran @itemsdapp for sure

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Matt Prusak

@MattPrusak

7 months

@LauraDeming The alternative can result in some major Straussian misfiring

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Matt Prusak

@MattPrusak

9 months

13/14: We're in an era where we need to think beyond just "keeping up." We must grasp not just where tech is going, but how the very landscape of change is, itself, changing.

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Matt Prusak

@MattPrusak

10 months

@realEstateTrent If you find yourself heading north of Buffalo, I highly recommend Griffon Gastropub

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Matt Prusak

@MattPrusak

3 years

@michaelrbock Truly what the JOBS Act envisioned

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Matt Prusak

@MattPrusak

3 years

@IanPanchevre ¡Viva Ian!

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Matt Prusak

@MattPrusak

4 years

@mimoemergence Double-entry accounting was a game changer for storing information. Then came the spreadsheet. Something else is bound to arise eventually.

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Matt Prusak

@MattPrusak

9 months

11/14: Moreover, being too focused on the 'jolt' could lead to reckless behavior. You might be tempted to pivot too quickly or discard a currently profitable business model. It's a delicate balance.

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Matt Prusak

@MattPrusak

2 years

@lmushin Wow no love for the Cheetah Girls?!

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Matt Prusak

@MattPrusak

3 years

@antoniogm Throw on an NFT and you might win the bracelet battles

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Matt Prusak

@MattPrusak

3 years

@Amanda_Cavaleri Yes please!

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Matt Prusak

@MattPrusak

3 years

@aaroisosaari @ProjectAcom Congrats @aaroisosaari !

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Matt Prusak

@MattPrusak

3 years

@stockmart_ @Raleigh_CA

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Matt Prusak

@MattPrusak

4 years

@antoniogm @Curative cheek swabs for the win - coming to the Bay soon!

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Matt Prusak

@MattPrusak

9 months

9/14: One could argue that AI itself could be used to help us understand and adapt to this jolt. Machine learning models can analyze trends in technology adoption, the rate of publication in research fields, and even predict paradigm shifts.

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Matt Prusak

@MattPrusak

2 years

@lmushin Shots fired™

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Matt Prusak

@MattPrusak

9 months

6/14: Why is this important? Well, understanding "jolt" can better inform strategy. If you're a tech company or investor, knowing that the landscape is not just evolving but evolving increasingly rapidly is crucial for long-term planning.

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Matt Prusak

@MattPrusak

9 months

12/14: To sum up, understanding the concept of 'jolt' in tech is like having a more detailed map of the terrain ahead. It won't tell you what to do, but it does offer a richer set of data to inform your decisions.1

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Matt Prusak

@MattPrusak

3 years

@m_franceschetti @Austen VimCal

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Matt Prusak

@MattPrusak

3 years

@ByrneHobart David Foster Wallace Mode: Engaged

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Matt Prusak

@MattPrusak

9 months

3/14: In the tech realm, we often discuss how things are progressing faster than ever, whether it's chip speeds, data storage, or AI capabilities. But what's harder to wrap our heads around is that the rate of this acceleration is also increasing.

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Matt Prusak

@MattPrusak

10 months

@_kinjalbshah Congratulations! 🎉

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