2 guys had $50k of ETH mining rigs sitting in their basements
Mining was dying
So they flipped the GPUs into AI servers
Posted it on Reddit
Now Runpod is doing $120M ARR
Sometimes the play is literally:
dead meta → new meta
MORAL OF THE STORY. HARDWARE AND POWER
ALL THE BITCOIN MINERS ARE CONVERTING TO DATA CENTERS FOR AI
keep an eye on those in the markets... DYOR