[groundhogday3]

I've read that takes 2 years to get a new semi-conductor fab up and running. While demand for GPUs has skyrocketed not only in crypto but in other areas.

Couple that with us going into 2 years of global lockdowns and subsequent supply disruptions have probably exacerbated the situation greatly.

[wayoutthere]

It takes two years under normal circumstances; from what I understand backlogs for the lithography equipment are a huge bottleneck in the industry since there are only a few companies that make such specialized machines. They were already backordered for years pre-pandemic, with most of those getting pushed out because of supply constraint issues.

We’re never going to return to the level of industrial output pre-Covid. There are a dozen high-likelihood scenarios down the pipe in the 2020s (Russia, China/Taiwan, climate drought / famine, etc) that will continue holding global productivity down. We’re looking at global stagflation for most of the rest of our lives as a result, meaning crypto is a good hedge. NVidia just needs to start pricing its top-tier GPUs for crypto farms, then refurbishing the last generation for consumers when the crypto farms upgrade.

[tsimionescu]

If Ethereum moves to PoS, half the crypto GPU market goes poof in an instant. Not a good thing to hedge more chip fabs on, I would bet.

[freemint]

It will move from one to another coin and profitability will decrease slightly unless supply induces demand.