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Comment by ForHackernews

2 hours ago

"Compute" is not one generic commodity. Filling your datacentres with ASICs that do nothing but compute SHA256 for Bitcoin mining was a smart move in 2015 but today that hardware is worthless e-waste.

What does the depreciation curve look like for nvidia cards purchased today? How long will it take to recoup the investment on this buildout? Will those datacenters pay for themselves before they're scrapped?