> (I miss the old PC era where the world at large was benefiting in tandem from ...

wmf · 2024-06-03T05:10:37 1717391437

What is kind of new is that hyperscalers sometimes get chips 1-2 years before the rest. If the new chip is 3x-4x faster that looks pretty unfair.

re-thc · 2024-06-03T05:29:12 1717392552

> What is kind of new is that hyperscalers sometimes get chips 1-2 years before the rest.

That's not new. Replace hyperscalers with crypto miners and we've had a similar situation for a while.

latchkey · 2024-06-03T07:24:25 1717399465

Crypto miners no longer buy up large quantities of GPUs. That market died off when ETH switched from PoW to PoS.

DEADMINCE · 2024-06-03T08:25:37 1717403137

> Crypto miners no longer buy up large quantities of GPUs.

That's news to crypto miners.

latchkey · 2024-06-03T08:30:35 1717403435

I no longer have the 150,000 GPUs I was mining with.

The only ones left standing are the small ones and most of them are just using what they already purchased.

There is no liquidity in the shitcoins to be able to support daily large dumps of their tokens and unless you have almost free power, there is zero profitability.

lukevp · 2024-06-03T15:17:08 1717427828

You need to start a blog latchkey, I see you on here in all sorts of different contexts and it’s always interesting to see what you’re up to these days!

latchkey · 2024-06-03T23:24:28 1717457068

Thanks luke! Super appreciate it. Company website was the first priority, but I've also started on a blog component for it as well. Using bullet.so/notion.so and really enjoying how easy it is to build everything.