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I have a dumb question - what do you do with it? And why is it better to have your own hardware for it? Will you ever see positive return on investment from bu
by keyle 3y ago
I have a dumb question - what do you do with it? And why is it better to have your own hardware for it?
Will you ever see positive return on investment from building this or is it feeding the nerd chute?
- jacquesm 3y ago> what do you do with it? >> crypto
- trustingtrust 3y agoQuantFinance. Money in the stock market (or crypto market but similar) is probably the only way to justify tens of thousands of dollars worth of GPUs that become obsolete quickly. The other thing I can think of is Reseach scientists who use it for research. But funded research scientists that I know generally don't get hardware to take home. They usually either get tons of cloud credits or time on a supercomputer to do their stuff.
- jacquesm 3y agoThey wrote crypto in the original comment.
- trustingtrust 3y agoAh okay missed it. So not QF. I was hoping someone does QF at home :P
- knicholes 3y agoIf my hardware can do it, point me to how I can do it! I'll give it a try and let you know how you changed my life. ;)
- wwtdtgotiatl 3y ago> tens of thousands of dollars worth of GPUs that become obsolete quickly I sold a 4yo gpu for more than I bought it for not long ago. It's the only thing in a pc that doesn't depreciate much these days, besides maybe the case.
- knicholes 3y agoOh yeah, some days I was making $600-800 profit a day! But most days it was ~$100-$200/day. The problem was "the merge" to Ethereum 2 was soon approaching, but was luckily delayed 1.5 years, so I was able to pull ~$80k profit during that time. It was awesome. But now I have a couple holes in my garage office with big fans installed (one on the bottom for intake and one on the top for exhaust, essentially turning that room into a big computer tower).