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by hwoolery 2897 days ago
Serious question (as opposed to a snarky one): what happens when/if the crypto currency market takes a large downturn? If your pricing is based off using their cycles, Snark.ai would have to raise prices, right?
1 comments

In case of crypto downturn renting GPUs will be even cheaper. Actually, it will be a bigger win for our users and also for us.
Assuming the miners still want to rent out the hardware and not sell it :) Even then, you'd have an instance of two parties both taking slices of the profit, which is hard to compete in a practical manner against the Amazon/Google
Yeah exactly. Hopefully AI computation market will grow big in time so those crypto-miners can pivot into more profitable business of GPU cloud for AI instead of selling the hardware in crypto downfall. In the long term, Snark AI wants to create the marketplace where all the qualified GPU providers can bid for the best market price which will benefit everyone.