> their significant capex demands that they be kept running 24/7.
US companies are sitting on a pile of not yet connected GPUs because they have no place to put them. They would take 10 out of 24h if they could get 10. It's better than zero that they currently have for those GPUs.
Same with crypto. No point of running a rig if it's losing you money becaus electricity is too expensive at this moment. Regardless of capex sometimes it's better not to run it.
US companies are sitting on a pile of not yet connected GPUs because they have no place to put them. They would take 10 out of 24h if they could get 10. It's better than zero that they currently have for those GPUs.
Same with crypto. No point of running a rig if it's losing you money becaus electricity is too expensive at this moment. Regardless of capex sometimes it's better not to run it.