{"id":38475,"date":"2024-09-26T20:41:50","date_gmt":"2024-09-26T20:41:50","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/hut-8-eyes-ai-push-with-launch-of-gpu-as-a-service-program\/"},"modified":"2024-09-26T20:41:50","modified_gmt":"2024-09-26T20:41:50","slug":"hut-8-eyes-ai-push-with-launch-of-gpu-as-a-service-program","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/hut-8-eyes-ai-push-with-launch-of-gpu-as-a-service-program\/","title":{"rendered":"Hut 8 eyes AI push with launch of GPU-as-a-service program"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/hut-8-bitcoin-ai-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/hut-8-bitcoin-ai-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/hut-8-bitcoin-ai-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/09\/hut-8-bitcoin-ai-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Hut 8 has laaunched its GPU-as-a-service business to tap into the AI growth potential.<\/li>\n<li>The Bitcoin miner said it partnered with Hewlett Packard Enterprise and AdvizeX to launch the 1,000 Nvidia H100 GPUs cluster.<\/li>\n<li>Hut 8 eyes revenue diversification and long term growth with this AI bet.<\/li>\n<\/ul>\n<p>Hut 8, an energy infrastructure provider and top Bitcoin miner, has announced that its GPU-as-a-service vertical is live.<\/p>\n<p>The GPU cluster, according to a Hut 8 <a href=\"https:\/\/www.globenewswire.com\/news-release\/2024\/09\/26\/2953641\/0\/en\/Hut-8-GPU-as-a-Service-Vertical-Goes-Live-with-Inaugural-Deployment.html\" target=\"_blank\" rel=\"noopener\">announcement<\/a> on Sept. 26, consists of several HPE supercomputers, all powered by 1,000 Nvidia H100 GPUs. The launch follows a partnership between Hewlett Packard Enterprise and information technology firm AdvizeX.<\/p>\n<h2>Hut 8 eyeing AI push<\/h2>\n<p>Per the press release, Hut 8 subsidiary Highrise AI will host the GPU-as-a-service business, with a 5-year deal in place for revenue sharing and infrastructure payments.<\/p>\n<p>The arrangement sees Hut 8 diversify its operations further, and now includes a compute layer that spans artificial intelligence, <a href=\"https:\/\/coinjournal.net\/news\/hut-8-to-manage-mining-operations-for-celsiuss-newly-created-miningco\/\">Bitcoin mining<\/a> and cloud services.<\/p>\n<blockquote>\n<p>\u201cConsistent with our commitment to disciplined capital allocation, we believe a thoughtfully structured AI compute business will be accretive both financially and strategically and drive topline growth, revenue diversification, and long-term value creation, \u201cHut 8 chief executive officer Asher Genoot said.<\/p>\n<\/blockquote>\n<h2>A new next-gen mining chip<\/h2>\n<p>Hut 8\u2019s launch of the new business vertical comes a few days after the miner <a href=\"https:\/\/hut8.com\/2024\/09\/19\/hut-8-and-bitmain-expand-innovation-partnership-with-launch-of-next-generation-bitmain-miner\/\" target=\"_blank\" rel=\"noopener\">announced<\/a> the launch of U3S21EXPH, a new ASIC miner with direct liquid-to-chip (DLC) cooling.<\/p>\n<p>The miner partnered with leading crypto mining chip maker BITMAIN to develop this new ASIC mining chip. Hut 8 plans to deploy the new model in the second quarter of 2025 via an approximately 15 exahashes per second hosting deployment.<\/p>\n<p>Initial deployment of the 15 EH\/s will push Hut 8\u2019s hashrate by about 81%, while the miner expects a possible 20 EH\/s of self-mining.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/hut-8-eyes-ai-push-with-launch-of-gpu-as-a-service-program\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Hut 8 has laaunched its GPU-as-a-service business to tap into the AI growth potential. The Bitcoin miner said it partnered with Hewlett Packard Enterprise and AdvizeX to launch the 1,000 Nvidia H100 GPUs cluster. Hut 8 eyes revenue diversification and long [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":38476,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/38475"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=38475"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/38475\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/38476"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=38475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=38475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=38475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}