Hut 8 eyes AI push with launch of GPU-as-a-service program – CoinJournal

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  • Hut 8 has laaunched its GPU-as-a-service enterprise to faucet into the AI development potential.
  • The Bitcoin miner stated it partnered with Hewlett Packard Enterprise and AdvizeX to launch the 1,000 Nvidia H100 GPUs cluster.
  • Hut 8 eyes income diversification and long run development with this AI guess.

Hut 8, an power infrastructure supplier and high Bitcoin miner, has introduced that its GPU-as-a-service vertical is stay.

The GPU cluster, in keeping with a Hut 8 announcement on Sept. 26, consists of a number of HPE supercomputers, all powered by 1,000 Nvidia H100 GPUs. The launch follows a partnership between Hewlett Packard Enterprise and data know-how agency AdvizeX.

Hut 8 eyeing AI push

Per the press launch, Hut 8 subsidiary Highrise AI will host the GPU-as-a-service enterprise, with a 5-year deal in place for income sharing and infrastructure funds.

The association sees Hut 8 diversify its operations additional, and now features a compute layer that spans synthetic intelligence, Bitcoin mining and cloud providers.

“In keeping with our dedication to disciplined capital allocation, we imagine a thoughtfully structured AI compute enterprise will likely be accretive each financially and strategically and drive topline development, income diversification, and long-term worth creation, “Hut 8 chief government officer Asher Genoot stated.

A brand new next-gen mining chip

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

The miner partnered with main crypto mining chip maker BITMAIN to develop this new ASIC mining chip. Hut 8 plans to deploy the brand new mannequin within the second quarter of 2025 through an roughly 15 exahashes per second internet hosting deployment.

Preliminary deployment of the 15 EH/s will push Hut 8’s hashrate by about 81%, whereas the miner expects a attainable 20 EH/s of self-mining.

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