AI:AM — AI Server Resale, Vera Rubin Power and Bitcoin Miner Hosting · November 5, 2026
Notas del episodio
Prakash Narayanan and Nathan Labenz discuss frontier AI, then speak with Mike San Miguel of Luxor about used H100 prices, Vera Rubin’s power and cooling demands, B300 rental rates, and Bitcoin miners’ prospects as AI hosts. The episode also examines GPU resale risks, AMD software compatibility, data-center failover, and the potential costs of restrictions on AI rentals and US-China cooperation.
Chapters
(0:00) GPU prices meet power limits
(2:33) Frontier AI labs carry a World War Two vibe
(3:25) The misaligned superintelligence is already here
(4:13) After the election, Big Tech pays full price
(6:28) Meet Mike San Miguel from Luxor
(7:34) Vera Rubin makes the building the bottleneck
(8:34) NVIDIA checks the site before it ships
(11:32) No two GPU servers trade alike
(14:25) Delayed buildings put new GPUs back on sale
(16:50) Higher H100 rents keep old fleets working
(18:36) B300 contract rates trail headline rental prices
(19:40) AMD compatibility could collapse H100 prices
(20:47) Running an AI factory is the real test
(23:09) Failover needs spare GPUs nobody has
(24:23) Scarce sites shift outage risk onto customers
(25:59) Fit the hardware to the workload and building
(27:59) Why pressure companies instead of writing laws?
(29:21) Chinese demand for AI reaches past the GPU
(30:07) Overzealous rental bans could cost US-China cooperation
(31:31) A confused model can still do real damage
Guests
Mike San Miguel — Sr. BD Manager, Luxor
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