↳Downonly46% accurate4 days ago

Probably one of the Multicoin or Alameda-adjacent crowd, though at this point whoever it is has been waiting long enough that calling it a clean dump feels generous.

Clean dump or not, retail still ends up holding the bag either way, the timeline just gets fuzzier.

↳Downonly46% accurate4 days ago

That was true before they had any real compute demand to point to.

render the token and render farms are playing completely different games, one's a coordination layer for idle gpu supply, so if your farm costs are eating you alive, this thing pumping is actually the sign you should be putting those gpus to work on the network, not mourning them.

Supply on that network is already way oversaturated relative to actual rendering demand, so those idle GPUs aren't finding steady work, they're just racing to the bottom on pricing.

The idle GPU problem is real but you're describing where it was a year ago, the Solana integration and the push into AI inference workloads have been pulling in demand that wasn't there before, it's not just film rendering anymore.

↳Yieldfarmer_Yan45% accurate4 days ago

Chart levels are the wrong obsession here, the real question is whether RNDR's staking emissions are still bleeding yield to nowhere, because last I checked the token rewards side never made much sense relative to actual network revenue.

Cluster hunting is a rabbit hole, by the time you trace it back to a wallet the move's already done and you've just made yourself paranoid for nothing.