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How soon could I break even on renting my GPUs out?
by yieldcrv 2y ago
How soon could I break even on renting my GPUs out?
- kristopolous 2y agois your electricity free? Some of these cards probably cost about $0.10/hr to run ... depending on your card/electricity rate etc. It's probably somewhere between 12months-never depending on how the market shakes out. Maybe 2 years is a good idea ... really, if power is cheap/free and the machine is on and idle then it's free money - that's the way to look at it.
- yieldcrv 2y agoMy electricity is not free, I would be satisfied with partially subsidizing these units too though
- kristopolous 2y agoWell ok, I guess I'll plug my employer's site for setting up: https://cloud.vast.ai/host/setup https://cloud.vast.ai/host/setup There's a lot of competition in the "airbnb gpu" so if you don't like us, the number is around 12 or so globally. We're probably either #2 or #3. Companies don't really disclose these things so it's hard to know. Some people probably list on more than one platform. There may be some host management software somewhere that helps with that. I haven't actually checked. I'd be happy to talk more about these privately. Some are better than others and I've got no interest posting less than charitable things about our competitors publicly, regardless of how accurate I think it is. My email is in my profile.
- lostmsu 2y agoIf you are on Windows, take a look at https://borg.games/setup https://borg.games/setup (founder here) We aim at $1200/y for 3090, so around a year given descent electricity prices. Highly recommend setting a lower power limit (usually 250W for 3090).
- kristopolous 2y agoBtw, for other people reading this, the main player in the "rentable gamer gpu" space is salad.com who 6 months ago cut a deal with civitai (https://blog.salad.com/civitai-salad/ https://blog.salad.com/civitai-salad/). They're trying to capture enterprise customers to use the extra cycles on teenager's gaming rigs. The industry is full of effectively "imitation companies" right now. For instance, runpod, quickpod, simplepod and clore are the ones cloning us at vast right now. We see them in our discord, they try to snipe away customers, get in our comment threads on reddit and twitter with self-promotes, clone our features ... this is the ferocious wild west days of this industry. I've even gotten personal emails from a few who I guess scanned their database looking for registration addresses from other companies in the space. There's even companies like primeintellect which are trying to become the market of markets - but they have their own program - it's clearly a play to snipe other customers by funneling them through some interface where they'll eventually push out the other companies and promote their own instances. Then there's interesting insider hype players with their own infra like sfcompute who are trying to pretend like they invented interruptible instances and somehow get a bunch of people treating them like they're innovators. The resellable contracts they talk about are a pretty common feature and especially from the host's programmatic command line controller, it's just usually tucked deep in the documentation. They're doing effectively a re-prioritization play. I guess my angle is "highest integrity possible". It's certainly a gamble - scammy companies sometimes capture a market then become unscammy - I'll hold my tongue but there's plenty of examples. It's interesting times.
- yieldcrv 2y agoyo, I don’t care bro I guess what I’m missing is, what’s scammy about them? even in the web3 space, AI gpu compute markets are oversaturated but why is an end user supposed to case about the user acquisition strategy? if they’re cheaper, more profitable for the gpu owner, or solving a need better, that’s all that matters
- kristopolous 2y ago> what’s scammy about them? You can multi sell a machine, use qemu to lie about the hardware, have hidden fees... there's a bunch of hustle > AI gpu compute markets are oversaturated This is not the case. We see a moving average of over 90% utilization of our network. There's a lot of players, but the demand is outstripping supply > why is an end user supposed to case about the user acquisition strategy? Well hn is founder/insider talk but for a more direct answer, more legit institutions get higher retention and easier customers. We're a two sided marketplace so we need to create a platform where people see integrity.