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It was true of crypto GPUs too, although mostly people picking them up for gaming. Always seems high to me too but if you can get any guarantee of them not being on fire when they were pulled the bathtub curve keeps you pretty safe, thermal limits are limits for a reason.
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crypto gpus didnt run at 100% power draw so the strain wasn't that massive
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Why weren't crypto gpus running at 100%?
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Most crypto mining on GPUs would use 100% of memory bandwidth, but only a fraction of the compute available. This is a consequence of ASIC resistance of their mining algorithms -- custom silicon can only offer a modest benefit over GPUs if the hard part is memory bandwidth.
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I bought a RTX 3070 off a miner when Eth went to proof of stake.

It was clean, cheap, and is still going strong for daily gaming.

In its working life it was undervolted and probably cooled better than in my rig.

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