Bitcoin needs ASICs to run it. GPUs haven’t been viable there for a long time, and ASICs aren’t useful for anything other than the thing they’re designed to do.
Ethereum used GPUs until it went proof-of-stake, but it was always smaller than Bitcoin.
Nothing else is big enough to have caused a bubble.
Most of the AI training is being done in brand new datacenters on brand new GPUs. Those Ethereum GPUs mostly got dumped on eBay.
Bitcoin needs ASICs to run it. GPUs haven’t been viable there for a long time, and ASICs aren’t useful for anything other than the thing they’re designed to do.
Ethereum used GPUs until it went proof-of-stake, but it was always smaller than Bitcoin.
Nothing else is big enough to have caused a bubble.
Most of the AI training is being done in brand new datacenters on brand new GPUs. Those Ethereum GPUs mostly got dumped on eBay.