It's fun to watch a market that's actually nearly perfect: no barriers to entry or regulation to capture means that lead time is about the only source of surplus and profit consistently trends to zero.
Would be nice if that applied to general computing. Margins on AWS are ~90%; that's pure rent that Amazon is capturing because they're the market leader in a small oligopoly.
There are startups like Golem [1] that are working on tackling this market, but it seems like they're starting with a small set of verticals, none of which are applicable to anything I need.
One wrinkle is that mining equipment has been supply-constrained for almost the entire life of Bitcoin and the mining equipment vendors have a huge information advantage over their customers because they know the future difficulty.
There are startups like Golem [1] that are working on tackling this market, but it seems like they're starting with a small set of verticals, none of which are applicable to anything I need.
[1] https://golem.network/