Nvidia Through a Crypto Miner's Eyes

(vincentping.com)

1 points | by vincentping 10 hours ago ago

2 comments

  • thelastgallon 10 hours ago

    > Mining rigs aren’t like stocks — if a stock drops, you can hold and wait, it costs you nothing. A mining rig burns real money every single day it’s running. The moment revenue dips below cost, your money-making asset becomes a hole that bleeds cash. So I shut them down.

    This logic applies to AI datacenters too. They cost real money to run, what could potentially be profitable can be a loss very very quickly.