News for hackers. Stuff that matters.

A comment on IBM CEO says there is 'no way' spending on AI data centers will pay off. Parent comment

Re:IBM CEO says there is 'no way' spending on AI data center... by piva00 on Wednesday December 03, 2025 @03:39AM (#46131840)
BTC mining on GPUs haven't been profitable for a long time, it's mostly ASICs, GPUs can be used for some other altcoins which makes the potential market for used previous generation GPUs even smaller.
[ Parent | on HN ]
Re:IBM CEO says there is 'no way' spending on AI data center... by blackenedgem on Wednesday December 03, 2025 @03:48AM (#46131959)
That assumes you can add compute in a vacuum. If your altcoin receives 10x compute then it becomes 10x more expensive to mine.

That only scales if the coin goes up in value due to the extra "interest". Which isn't impossible but there's a limit, and it's more often to happen to smaller coins.

[ Parent | on HN ]