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Comment by slfnflctd | Hacker News Reader

Yes, it's all about the amount of money invested right now. Justifying that was always going to be tricky, and it still is.

The compute capacity, however, is here to stay. There will be a seemingly endless line of people queued up to buy it at pennies on the dollar if this whole thing blows up financially. And they will use it!

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> And they will use it!

Just out of curiosity: Use it for what?

Whatever it is suited for that they can get a decent margin on. Or, you know, hobbies.

The demand is there and the market will find pricing that works.

Do you really think any hobbyist is going to run a 200 kW liquid-cooled rack?

I was thinking more about parts and pieces of what runs in that rack for hobbyists.

Or they'd be part of the customer base for leasing compute from someone else who bought the rack.

Although there is such a thing as hobbyists with a ton of money who want to experiment with large models on enterprise grade hardware. Probably not a lot of those, though, of course.

Mining $FARTCOIN

Indeed, "pennies on the dollar" is the key point the author is making in this article.

And any data center with reasonable energy costs and without massive interest payments will still be profitable at pennies on the dollar. Might need some bankruptcies of the shell corporations to get rid of interest payments, but they will be very profitable post bankruptcy.

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