[mml]

the oldheads are snickering at dotcom 2.0 from behind their gray beards.

[infamouscow]

Bitcoin miners have also been sitting on the sidelines waiting for this too.

Compute is a hard resource, inextricably linked to money, time, and energy.

The math doesn't work in Sam's favor, no matter how much smoke he blows up your ass.

It's going to be interesting when all these GPUs are repurposed to mine Bitcoin, and people try to forget falling for the hysteria that somehow you can arrive at AGI from a glorified markov bot.

[fred_is_fred]

Is there any difference in a GPU that's good at bitcoin mining versus one that's good for AI work? Or to ask another way is all the compute being built-out now able to be repurposed for mining?

[gizajob]

And slowly building up their shorts and keeping cash on the sidelines to short harder when it finally all comes crashing down.

[fred_is_fred]

The problem with shorts is that bubbles can expand well beyond rationality. Cash or bonds is what I am doing.