Subnet Session with James Woodman from Targon: SN4
Update: 2025-07-16
Description
James Woodman from Targon (Subnet 4) joins us to explain how they’ve built BitTensor’s most revenue-generating subnet - already doing $100K+ ARR, backed by real users and real payments.
We cover:
- How Subnet 4 aggregates $70M+ of NVIDIA-certified compute
- Why they return 100% of revenue to alpha holders via rolling buybacks
- What trusted execution environments (TEEs) are - and why they matter
- Why speculative emissions aren’t sustainable
- How they’re targeting privacy-focused clients, from AI startups to defence firms
- And what it’ll take to hit their bold goal of $4M/month in revenue
If you want to understand what serious revenue on BitTensor looks like - this is the one to tune in to.
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