Safer bet would be to invest in BTC after next big dip sub $10K
How is that not a gamble too? At least with video cards,
the investment can only lose half of it's value.
snip
I think Coinfarm ventures meant the investment can only lose half' because the overall cost isn't just the total value of the GPUs and rigs but also from the money made back from ETH mining. I know GPUs now cost half of it in early 2022. Used GPU is usually priced around 50-70% of a new one if it still has the warranty. So anyone invested in early 2022, their investment value right now:
_ GPUs = 50-70% price of the new GPU now
_ Around 6 months of profit from ETH mining.
That would easily cover over half of the price of GPUs back in early 2022.