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Re:Open Source AI Is the Path Forward by Retric on Wednesday July 24, 2024 @12:39PM (#41058850)
It was really Ethereum / Alt coins not Bitcoin that caused the GPU demand in 2021.

Bitcoin moved to FPGAs/ASIC very quickly because dedicated hardware was vastly more efficient they were only viable from Oct 2010. By 2013 when ASIC’s came online GPU’s only made sense if someone else was paying for both the hardware and electricity.

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