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H100 GPU Cluster CapEx Amortization Yield.

Diagnoses the terrifying depreciation math of buying raw Nvidia H100 GPU clusters, modeling how fast physical compute hardware loses its value against expected Cloud rental revenue.

## The Hardware Depreciation Timebomb

During the AI boom, venture capitalists pivoted from software to "GPU Cloud Compute" providers. They gave startups $50 Million to buy physical Nvidia H100 chips to rent out for $3.00 an hour. They are essentially operating short-term car rental agencies, but the cars become completely worthless in 36 months.

### FAQ

**Q: Why is running a GPU cluster so financially risky?**
A: Hardware obsolescence. If you buy 1,000 GPUs for $35 Million, that hardware will likely be functionally obsolete in 3 years when the next architectural generation drops. Therefore, your "Depreciation Expense" is roughly $11.6 Million per year. You have to generate $11.6M in rental income just to mathematically break even on the decaying metal, *before* you even pay the astronomically high electricity bills to power and cool the data center. If your cluster utilization drops from 95% down to 60%, you go bankrupt instantly.