This is a prototype of an index design, not a published index, and nothing here is a recommendation of any instrument, venue, publisher or firm. The arithmetic runs in the page and can be inspected. Inputs are the source document’s September 14, 2026 figures where it gives them, values derived from those figures where marked derived, and Kinetic Alpha working estimates where it does not. The two-year history is interpolated between the named anchors and rescales to the dashboard, so it demonstrates mechanics rather than recording prices. Fleet counts, region shares, chip draw, power usage effectiveness and the rack-space multipliers are estimates. The headline at published inputs is deliberately an upper bound: posted rates sit above realised rates, and every hour is counted as rented. Several contracts referenced remain pending regulatory review. Research and education, not investment advice.