Advice Sought - Should I Start Hosting on Vast.AI?
I've been toying with the idea of getting a loan to get into hosting here in Canada. The loan isn't so bad, maybe no worse than 10% interest and no need to make principal payments for the first year.
The hard part is figuring out a way to turn that into profit.
At first I was toying with the idea of buying a couple of RTX 6000 Pro Blackwell cards but looking at the competitive price point, I started figuring two of them really isn't *that* competitive. So I started looking at the H100, getting a single card.
I'd probably end up having the ability to spend maybe $50K CAD to set up the system, that'd be like $35K USD.
My expenses would end up probably being about $900-950 a month, and after a year that'd jump to about $2K. OR in USD $630-670 and $1400 respectively.
But I understand utilization shouldn't be expected to be more than 50-60% for new users. Is there *ever* a point at which you can expect 80-100% utilization? And is there *ever* a point at which one could sell a H100 for rent for over $2 USD an hour?
I also see Vast.AI has a financing programme. Anyone have experience with it?