• jj4211@lemmy.world
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    8 hours ago

    One this is all speak to convince investors to throw money, so they’ll cheer pick their interpretation.

    In this case I think they refer to already having the real estate, buildings, power and cooling. So “all” they have to do is rip out their rigs and dump a bunch of nVidia gear in. All they need is just a few hundred million from some lucky investors and they will be off…

    • Zos_Kia@lemmynsfw.com
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      4 hours ago

      I think you misunderstand that scene. Bitcoin miners are crazy rich and most of them are investors in their own right. They don’t need outside money.