Absolutely not, as GPUs used in data centers cannot compete with ASICs designed specifically for Bitcoin mining.
replyThe Bitcoin mining network is somewhere around 1000 EH/s, while the (AI assisted research ahead) 34.5 million H100-equivalent GPUs globally would yield about 0.435 EH/s. They'd represent less than 0.05% of the Bitcoin network.
That's only if they target Bitcoin and not some other coin which doesn't have an ASIC and has a GPU-friendly hash.
replyIf they had built out the same number of ASICs and GPUs, what you said would make sense.
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