# \~$19B of Ethereum-mining GPUs sit idle post-merge — Akash will target them

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2023-01-13
- **Theme:** GPU Economics — https://www.gregosuri.com/predictions/gpu-economics/
- **Source:** Most UNDERRATED Cosmos GEM? Akash Network Deep Dive with Greg Osuri! (Cryptocito)
- **Watch at:** 00:20:10 — https://www.youtube.com/watch?v=qdQFOS-uG_A&t=1210s
- **Canonical:** https://www.gregosuri.com/predictions/gpu-economics/2023-01-13-19b-of-ethereum-mining-gpus-sit-idle-post-merge-ak-mjs7/
- **Cite as:** Greg Osuri, "\~$19B of Ethereum-mining GPUs sit idle post-merge — Akash will target them," Most UNDERRATED Cosmos GEM? Akash Network Deep Dive with Greg Osuri! (Cryptocito), 13 Jan 2023, 00:20:10. https://www.youtube.com/watch?v=qdQFOS-uG_A&t=1210s

## Quote — verbatim

> There are about, as far as I estimate in our own interactions, about 80,000 GPUs that were purchased for about 19 billion dollars to mine Ethereum. 19 billion dollars worth of GPUs are sitting idle post-merge... and Akash with GPU capability will be targeting those GPUs.

## Context — site annotation, not spoken

Quantified supply-side thesis, from home mining rigs to data centers "sitting on 20,000 idle GPUs" (he names Hut 8 / web3 cloud operators). The 80,000 figure is as-captioned and sits oddly against $19B.