I've been saying this would happen for months. There (was) a giant arbitrage for data centers that already have the infra.
If you could get a hold H100s and had an operational data center you essentially had the keys to an infinate money printer on anything above $3.50/hr.
Of course, because we live in a world of effecient markets that was never going to last forever. But they are still profitible at $2.00 assuming they have cheap electricity/infra/labor.
If you could get a hold H100s and had an operational data center you essentially had the keys to an infinate money printer on anything above $3.50/hr.
Of course, because we live in a world of effecient markets that was never going to last forever. But they are still profitible at $2.00 assuming they have cheap electricity/infra/labor.