The AI Boom May Be Sowing Seeds of Another Financial Crisis

Re:The AI Boom May Be Sowing Seeds of Another Financial Crisis by Kevin_Flynn on Tuesday November 03, 2026 @04:34PM (#50358502)

I would think if they were mining with them before, they had the capacity at that time.

After bitcoin halfed enough, the electricity cost more for the miners.

Now with the AI boom, people are paying premium prices for low end cards, because they run AI tasks exponentially faster than CPUs do.

So the electrical load that was once centralized at the mining site, gets distributed.

Being able to schedule your AI agents to work during off peak electrical prices, and sleep during peak pricing, seems to be a stablizing factor for the grid.

[ Parent | on HN ]

Re:The AI Boom May Be Sowing Seeds of Another Financial Crisis by angry_impala on Tuesday November 03, 2026 @04:39PM (#50358564)

I get it, I'm just saying when people point to GPU prices as some sort of proof this is all logical, it's actually the place where the logic begin to unravel the most blatantly. They have more GPUs then they will be able to plug in for at least a few years.

[ Parent | on HN ]

Re:The AI Boom May Be Sowing Seeds of Another Financial Crisis by DubiousPusher on Tuesday November 03, 2026 @05:10PM (#50358962)

This is why data centers are starting to burn fossil fuels on site behind the meter for power. Including using diesel generators.

[ Parent | on HN ]

Re:The AI Boom May Be Sowing Seeds of Another Financial Crisis by Kevin_Flynn on Tuesday November 03, 2026 @04:41PM (#50358587)

@angry_impala .. thats their business. i needed a card. :|

Adapt to the worlds problems.

Don't adopt them.

[ Parent | on HN ]