Re:When the Dotcom Bubble Burst
by slowtrek on Monday March 17, 2025 @12:31AM
(#43385231)
Cisco did not innovate out of their first incarnation. Nvidia evolved out of gaming gpus, and they didn't do it because they were looking for trends.
[ Parent
| on HN ]
Nvidia didn't innovate into AI. Developers used their gaming cards for AI. They kinda got into that situation by pure luck. I wouldn't trust they will be able to pivot into the next big bubble if it's quite outside their area of expertise.
also crypto mining does tons of SHA256 on CUDA.
SHA265 hasn't been efficient on a GPU (compared with an ASIC) in over 10 years.
Re:When the Dotcom Bubble Burst
by akimbostrawman on Tuesday March 18, 2025 @04:38AM
(#43396923)
crpto != only Bitcoin. Any cryptocurrency worth its salt is ASCI resistant.
Even ethash had ASICs. As long as there is enough financial incentive, there can always be ASICs built for cheating the system. "Any cryptocurrency worth its salt" would have that incentive.
Re:When the Dotcom Bubble Burst
by theshackleford on Monday March 17, 2025 @05:24PM
(#43392866)
> They kinda got into that situation by pure luck.
This statement is wildly inaccurate. NVIDIA made deliberate and strategic moves to dominate AI and it made them a very long time ago. They didnt fall into this yesterday by mistake.