Reminder: there are no video outputs on these chatbot data center processors driving up the prices of graphics cards.

So they can’t even sell as used GPUs to crash the consumer GPU price market when the AI bubble pops.

This is a reminder that businesses aren’t “money focused calculation machines that optimize for the maximum possible profit.” They don’t worry about every little dollar, they just print money and use it to control you.

Raising prices for you is the goal, not a byproduct of some other smarter plan.

Some people don’t need the rest of this post, and it’s very long, so I’ll put it in a comment.

  • FaceDeer@fedia.io
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    1 day ago

    No major cryptocurrency has used GPUs for mining for many years. Bitcoin uses completely custom ASICs and Ethereum switched away from proof of work entirely.

      • FaceDeer@fedia.io
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        1 day ago

        I said no major cryptocurrency. Monero’s got a market cap of $8 billion, it’s small fry.

        • Incorrect again. You mentioned Ethereum which nobody cares about, you can’t call Monero “not major” after that. The only cryptocurrencies that matter are Bitcoin, doggie coin, and Monero

          If market cap was relevant then crypto veterans like me would care about Ethereum

          • FaceDeer@fedia.io
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            20 hours ago

            Ethereum’s got a market cap of $350 billion and it’s where all the new development is going on, according to the Electric Capital Developer it has by far the most developers working on and with it. Approximately 65% of all new code written in the entire crypto industry is written for Ethereum or its Layer 2 scaling solutions (like Arbitrum, Optimism, and Base).

            It’s spelled “Dogecoin,” by the way.

            • whoever loves Digit 🇵🇸🇺🇸🏴‍☠️@piefed.socialOP
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              20 hours ago

              The “dogecoin” spelling has been ruined by people calling it “doj coin”

              And market cap isn’t relevant, nor is whoever “electric capital developer” is or whatever chat bots you’re calling “the most developers”

              Bitcoin, doggie coin, and Monero are the only ones standing the test of time so far. Ethereum is “proof of stake” now