Ethereum

Arbitrum

Compute Network

Aethir

Reported by Cointelegraph, Aethir, a decentralized physical infrastructure network (DePIN) provider, has announced the launch of its decentralized cloud compute network on Ethereum mainnet.
Enterprises, data centers, other cloud providers and cryptocurrency mining operators can contribute idle GPU resources to Aethir’s GPU-as-a-service solutions network.
Co-founder Mark Rydon emphasized the importance of the mainnet launch, saying:
“By providing a scalable framework for redistributing idle compute resources, we can empower more innovation in the rapidly evolving domains of AI, ML and cloud gaming. On mainnet, high-quality enterprises can contribute to the Aethir network and increase access to the current supply of GPUs.”
Enterprises and developers will be able to rent compute resources from the Aethir network of providers to help train artificial intelligence (AI) models or render digital content at scale.
Through the native ATH token, Aethir uses Ethereum for its staking capability and Arbitrum (ARB) for fast payments to compute providers and community rewards for checker nodes to enforce quality assurance.
Aethir’s ATH also facilitates network governance, staking processes and the security of DePIN’s ecosystem.

Aethir Launches Decentralized Cloud Compute Network on Ethereum Mainnet

TokenInsight

Other articles published on Jun 13, 2024

BRC-20 Tokens, Runes, Ordinals, and Other Bitcoin Ecosystem Innovations Are Poised to Drive Massi...

How to Buy IOTA: A Step-By-Step Guide for Beginners

Ethereum’s Vitalik Buterin Gives 7 Possible Meme Coin Use Cases

Neue Online Casinos: Beste Online Casinos 2024

Clicker Games In Telegram Make Bullish Case For Toncoin (TON)

Injective price forecast: INJ chart points to a 46% jump

Join our free newsletter for daily crypto updates!