Hacker News new | ask | show | jobs
by ssl-3 2 days ago
Yep. You've got it right.

BTC has been an ASIC game for a very long time. GPUs haven't been profitable there since the ASICs showed up a dozen or so years ago (with odd exceptions where power is "free").

Eth kept hitting the GPU market hard until ~4 years ago, when the network switched from proof-of-work to proof-of-stake. That cut the home-gamer hobbyist miners out rather completely.

(That last one kind of sucked for me. When my office-room had resistive heating, I rather liked getting paid for my otherwise-idle GPU to make heat for me in the winter time. It wasn't much, but >0 is more than <0.)