Comment by PowerElectronix

9 hours ago

Useful work is debatable here, a lot of people just talk to the thing or use it instead of searching the internet.

The owners surely think, or at least want us to think that it is very useful indeed, otherwise we'd see no point in burning through piles of investors cash to buy overpriced ram, storage, gpus, cpus, nics, secure the power to run it and then subsidise the users to use it.

I do think that transaction is wrong and it's going to bite them in the ass in the long term, but I don't have the money to outbid them for the power. I do get to see them crash and burn when the investors get impatient.