Wednesday, October 16, 2024
HomeMarketHut 8 eyes AI push with GPU-as-a-service launch

Hut 8 eyes AI push with GPU-as-a-service launch

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  • Hut 8 launched its GPU-as-a-service enterprise to faucet into the expansion potential of AI.
  • The bitcoin miner mentioned it has partnered with Hewlett Packard Enterprise and AdvizeX to launch a 1,000-GPU Nvidia H100 cluster.
  • Hut 8 eyes income diversification and long-term development with this guess on synthetic intelligence.

Hut 8, an vitality infrastructure supplier and high bitcoin miner, has introduced that its GPU-as-a-service vertical is dwell.

The GPU cluster consists of a number of HPE supercomputers, all powered by 1,000 Nvidia H100 GPUs, based on the Hut 8 announcement on September 26. The launch follows a partnership between Hewlett Packard Enterprise and AdvizeX within the area of data know-how.

Hut 8 screens AI strain

In line with a press launch, Hut 8 subsidiary Highrise AI will host the GPU-as-a-service enterprise with a 5-year income sharing and infrastructure fee settlement.

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The association sees Hut 8 additional diversify its operations and now features a computing layer that features synthetic intelligence, bitcoin mining and cloud companies.

“In keeping with our dedication to disciplined capital allocation, we imagine a thoughtfully structured AI computing enterprise shall be accretive each financially and strategically, driving top-line development, income diversification and long-term worth creation,” mentioned Hut 8 CEO Asher Genoot.

New subsequent technology mining chip

The launch of the brand new Hut 8 enterprise vertical comes days after the miner introduced the launch of the U3S21EXPH, a brand new liquid-chip direct-cooling (DLC) ASIC miner.

In growing this new ASIC mining chip, the miner teamed up with main cryptocurrency mining chip producer BITMAIN. Hut 8 plans to deploy the brand new mannequin within the second quarter of 2025 through a hosted deployment of roughly 15 exahash per second.

An preliminary deployment of 15 EH/s will push the Hut 8 hashrate by about 81%, whereas the miner expects a attainable personal mining of 20 EH/s.

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