Enormous idle GPU supply sits in crypto miners and warehouses
Greg Osuri of Akash on Unlocking DePIN Capabilities for AI Model Training (Nebular)
“There’s enormous amounts of chips actually available right now, essentially for free, in crypto miners… when companies upgrade their chipsets… the older models are available — there’s a whole supply chain that buys up these older models and they just sit idle… sitting in warehouses and not being used.” — 00:05:51
Context: The supply side of his DePIN thesis: post-Ethereum-merge miner GPUs, superseded chip generations (V100s after OpenAI moved to A100s/H100s), and ML companies’ idle time between training runs.