I do find it somewhat interesting that crypto mining firms are perfectly placed to pivot to AI. Both ventures involve building out large clusters of machines to use GPUs to convert electricity into money.

I would have thought the bulk of the crypto mining was done using ASICs.

Still a lot of overlap with running a datacenter of ASICs and a datacenter of GPUs, but both are significant capital investments.

There's the joke theory that satoshi nakomoto was someone sent back in time to accelerate us towards the singularity

crypto mining firms have specialized asics for mining. They are incapable of doing anything else.

Invested half a yard too much in a recent popular technology? No problem, just pivot, then spam Hacker News.

Dude, blockchain was never this bad. There is no way to escape it.