The hype of GPU mining seems to be fading somewhat as the two major companies are pushing out new(-ish) processors faster than before, making old(-ish) processors obsolete faster. The result of which is that the rig owners are finding it harder to keep up with their original mining outcome projections owners with newer and faster hardware drive up the difficulty and resulting in selling their setup to cut loss. But is this really the end?
GPU in a system is mainly used for graphical processing and its original intend was to offload the intensive calculation works from the CPU. Main reason for this was the increase demand in 3d graphic processing power and there are two main arena where this huge processing processing is needed, one being gaming which most people would be familiar with whereas the other is professional graphic rendering. That was before GPU mining became the new hot bed for graphical processing consumption.
So does this main everyone should start gaming or learning how to do computer rendering and video editing etc.? Not quite! As honing those skills to a professional level will take months and years of training and practices in order to making any kind of money to recoup their investment. And if this is not realistic, what's the point with this article? Well, it's about sharing a idea which might work. Crowd-rendering.
People who are still interested in reading this article up to this point is probably quite familiar with mining (duh!) so what I am about to share will be familiar to you all.
Mining pool is a platform to gather miners from all over the world to mine for a bigger successful rate and the gathered processing power is immense. What if this processing power is being used for professional rendering? This could mean possible real-time rendering at a Hollywood sfx level. Commercially there are quite a few companies who offers the so-called "cloud rendering" service which they will rent out their local rendering farms with various speed, but those are retuned mining rigs to suit the pinpoint tasks. Imagine if there's a way to mimic the nichhash model of buying and selling gpu processing power, or even a way a form a rendering pool which is at a rate more favourable for the sellers (you mining rig owners) and buyers (the ones paying the same processing power but can achieve their task in a much shorter time), this could be game changing for the second life of the mining rig and to the rendering industry.
How this could be done technically and monetarily I'm sure the beautiful minds in the internet could certainly figure out. This is just a quick post to get things started! And if you like this post please upvote, comment and share.