Bittensor subnet Targon burns ~$2.1M of tokens from organic GPU revenue
markjeffrey · x · 2026-10-28
Targon (Bittensor subnet SN4) repurchased and burned 8,450 TAO ($2.1M) of subnet alpha tokens using organic revenue from its confidential-computing GPU rental business — a notable first real revenue-to-token buyback in the Bittensor ecosystem. Targon offers Intel TDX-based confidential VMs, bare-metal NVIDIA GPUs, and sandboxes for agents.
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