4 ms·

AWS and until recently Azure have Blockchain-as-a-service. The real winner of a gold rush are the people selling pickaxes. https://azure.microsoft.com/en-us/se

AWS and until recently Azure have Blockchain-as-a-service. The real winner of a gold rush are the people selling pickaxes. https://azure.microsoft.com/en-us/services/blockchain-service https://azure.microsoft.com/en-us/services/blockchain-servic... https://aws.amazon.com/blockchain https://aws.amazon.com/blockchain

55555 5y ago
> The real winner of a gold rush are the people selling pickaxes. No I'm pretty sure the people who hoarded gold (coins) have made more money from blockchain than IBM and AWS.
- xondono 5y ago
  Nvidia is getting nice profits, and with way less risk than those “investing” in crypto
- aplummer 5y ago
  You'd think so, but Pickaxe coins like the graph have significantly less gains than dog meme coins. I actually think a sure sign of when a coin won't go mega is when it tries to do something practical, since then its obvious its not that great a practical utility after all (as almost nothing is on a blockchain, except gambling).
- KETpXDDzR 5y ago
  The only problem is that especially these ppl will probably not sell until it's too late.
dehrmann 5y ago
With cryptocurrencies, the pickaxes are GPUs and ASICs. I doubt this is a serious revenue generator for AWS because of how few things actually need and use blockchains. It's mostly there so consultants can sell blockchain solutions to companies desperate for a blockchain strategy.
- hunter2_ 5y ago
  Out of whatever cases may exist for what you're describing (re: desperation, etc.), do they almost always involve someone getting conned?
arambhashura 5y ago
Microsoft is apparently shutting down its blockchain service, though: https://docs.microsoft.com/en-us/azure/blockchain/service/migration-guide https://docs.microsoft.com/en-us/azure/blockchain/service/mi...
- baobabKoodaa 5y ago
  So much for selling pickaxes...
spaetzleesser 5y ago
Don't tell my director! He always asks why we aren't using blockchain for our log files :-(

55555 5y ago

> The real winner of a gold rush are the people selling pickaxes. No I'm pretty sure the people who hoarded gold (coins) have made more money from blockchain than IBM and AWS.

xondono 5y ago
Nvidia is getting nice profits, and with way less risk than those “investing” in crypto
aplummer 5y ago
You'd think so, but Pickaxe coins like the graph have significantly less gains than dog meme coins. I actually think a sure sign of when a coin won't go mega is when it tries to do something practical, since then its obvious its not that great a practical utility after all (as almost nothing is on a blockchain, except gambling).
KETpXDDzR 5y ago
The only problem is that especially these ppl will probably not sell until it's too late.

dehrmann 5y ago

With cryptocurrencies, the pickaxes are GPUs and ASICs. I doubt this is a serious revenue generator for AWS because of how few things actually need and use blockchains. It's mostly there so consultants can sell blockchain solutions to companies desperate for a blockchain strategy.

hunter2_ 5y ago
Out of whatever cases may exist for what you're describing (re: desperation, etc.), do they almost always involve someone getting conned?

arambhashura 5y ago

Microsoft is apparently shutting down its blockchain service, though: https://docs.microsoft.com/en-us/azure/blockchain/service/migration-guide https://docs.microsoft.com/en-us/azure/blockchain/service/mi...

baobabKoodaa 5y ago
So much for selling pickaxes...

spaetzleesser 5y ago

Don't tell my director! He always asks why we aren't using blockchain for our log files :-(