Hadn’t bitcoin not been viable on GPUs for over a decade? Most of the cryptocurrency hype was mining other coins on GPUs, or using them to do blockchain calculations for NFTs and things.
That was barely a year or two. Bitcoin wasn’t very popular globally speaking when the first ASICs already was in development, and in between the two there was FPGA mining
AI messed up GPU prices even before AI was really a thing. When everyone was caught up in the Bitcoin hype, Nvidia already focused completely on AI instead of banking on the crypto hype, neglecting consumer GPUs. And we still feel that today.
Like there won’t be some other hype to immediately take it’s place. Just like Bitcoin GPU prices never collapsed because it went right into AI hype.
The next hype lined up is quantum
Tbf Bitcoin didn’t fuck with the GPU market, that was more etherium’s doing
Bitcoin trashed the GPU market before moving on to Asics. Then other coins kept going on GPUs.
Hadn’t bitcoin not been viable on GPUs for over a decade? Most of the cryptocurrency hype was mining other coins on GPUs, or using them to do blockchain calculations for NFTs and things.
Til. I’ve only ever seen the application specific boards for Bitcoin.
That was barely a year or two. Bitcoin wasn’t very popular globally speaking when the first ASICs already was in development, and in between the two there was FPGA mining
Im seeing a pattern here (capitalism)
AI messed up GPU prices even before AI was really a thing. When everyone was caught up in the Bitcoin hype, Nvidia already focused completely on AI instead of banking on the crypto hype, neglecting consumer GPUs. And we still feel that today.