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- Bitcoin miner Hut 8 has laaunched its GPU-as-a-service enterprise to faucet into the AI development potential.
- The corporate 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 vitality 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 knowledge expertise 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. This association sees Hut 8 diversify its operations additional, and now features a compute layer that spans synthetic intelligence, Bitcoin mining and cloud providers.
“In line with our dedication to disciplined capital allocation, we consider a thoughtfully structured AI compute enterprise can 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 just a few 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 by way of 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 doable 20 EH/s of self-mining.