The Economy of small-scale mining is dead... and I am writing this from PY with cheap electricity, having gained experience by building up one smaller hosting service from scratch and participating in a bigger one. It worked until it did not. It's probably an OK-ish investment for ppl who jumped in at least pre-COVID. The latest investors we've got who bought machines back in 2022/23... they are not happy. Not our fault. Bad timing and wrong expectations. ASICS after halving or after a new model is released are worth almost nothing.
Either they are on hopium or they are convincing themselves that a win is having virgin bitcoins (which might actually be the case).
Anyone with experience, expertise, or interest in AI from a hardware point of view?
Electricity is still there. Contacts to make direct contracts are still there. What kicks you in the balls in this business (in 3rd third-world country) is if you don't own infrastructure, and you don't have a direct contract with the electricity company.
What do you think of decentralized AI? Will there be enough demand?
TON Powers New Decentralized AI Network Paying GPU Owners | CoinMarketCap
What I see as an advantage is that GPUs/CPUs have a second-hand market for conventional PCs (gaming, etc.), while mining ASICs are useless.
I can also see some angle where we could get equipment (as it is conventional computer equipment) on credit.
Either they are on hopium or they are convincing themselves that a win is having virgin bitcoins (which might actually be the case).
Anyone with experience, expertise, or interest in AI from a hardware point of view?
Electricity is still there. Contacts to make direct contracts are still there. What kicks you in the balls in this business (in 3rd third-world country) is if you don't own infrastructure, and you don't have a direct contract with the electricity company.
What do you think of decentralized AI? Will there be enough demand?
TON Powers New Decentralized AI Network Paying GPU Owners | CoinMarketCap
What I see as an advantage is that GPUs/CPUs have a second-hand market for conventional PCs (gaming, etc.), while mining ASICs are useless.
I can also see some angle where we could get equipment (as it is conventional computer equipment) on credit.
