RE: Stranger Things: The Impact of GPU Mining and the Case for Buying AMD Calls
It's creative but the link is too tenuous from self-subsidizing GPU purchases to AMD stock price. And the maybe AMD stock can hit $20 is too squishy: AMD, unlike crypto anything, actually has fundamentals to analyze, so it's worthwhile to do so.
Also, mining is hell on a GPU and causes it to depreciate much more quickly, which isn't being factored in.
And:
For what is probably the first first time in history, there are consumer products sitting on retail shelves that pay for themselves via their own use.
There is no way this is true. I bought blank DVDs and self-subsidized those purchases for examples. Or like buying the ingredients from brownies and a bake sale. It's not only not revolutionary, it's not even that uncommon. Wouldn't a PC be another version of one that directly applies?
I get what you're saying, but GPU resource sharing is on a different level...maybe half-way to self-driving cars. The thing is earning income by doing what it does. If the brownies baked themselves, or the DVDs wrote themselves, I would agree.
In my experience, the best opportunities are discounted well ahead of the 'fundamentals'. For example, Tesla from $30 -> $130 seemed to make no sense at the time.
Mining is not magic, it takes time, effort, and management. It's easier to bake brownies.
In mine, so are the worst ;). And that's the rub because investing is a risk averse, avoid capital losses and drawdowns, type of business. It rewards discipline and loss aversion in the long run.