Aethir launches a distributed cloud network on the Ethereum mainnet, significantly enhancing global computing resources

Author: Aethir

On June 12, 2024, Aethir, a leading provider of enterprise-grade GPU-as-a-Service solutions and decentralized cloud infrastructure, announced the official launch of its cloud computing network on the Ethereum mainnet. Through Aethir, enterprises, data centers, other cloud providers, and cryptocurrency mining operators can contribute idle GPU resources to the Aethir network, participating in enhancing the availability of global computing resources to support innovations in artificial intelligence (AI), machine learning (ML), and cloud gaming.

After successfully completing a $146 million node sale and gaining support from NVIDIA, Super Micro, HPE, and Foxconn, Aethir has surpassed 500,000 users on its testnet. Its growing inventory of Nvidia H100 and other high-end enterprise GPUs is now available for over a dozen AI and gaming studios. As Aethir transitions from testnet to mainnet, enterprises and developers will be able to access GPU resources provided by nodes located in over 23 locations on demand.

"By providing a scalable framework to redistribute idle computing resources, we can drive more innovation in the rapidly evolving fields of AI, ML, and cloud gaming," said Aethir Chief Business Officer Mark Rydon. "Now on the mainnet, quality enterprises can contribute to the Aethir network and increase the existing supply of GPUs."

On the Aethir platform, enterprises and developers can rent high-performance computing resources from a network of suppliers for large-scale training of AI models or rendering digital content. Its economic system is powered by the network's native token, ATH, which features an innovative staking platform designed on Ethereum and utilizes Arbitrum for fast payments to computing resource providers and Checker Nodes. The ATH token also drives governance, staking, and security within the Aethir ecosystem.

With support from notable investors such as Framework Ventures, Merit Circle, Hashkey, and Animoca Brands, Aethir is at the forefront of decentralized computing innovation. Through Aethir's innovative staking program, anyone can participate in the security and growth of the world's largest distributed GPU network. Starting today, anyone can join two initial staking pools: ATH Gaming and ATH AI. By staking in ATH Gaming, stakers will also receive native cryptocurrency token rewards from Aethir's gaming partners, while using the ATH AI pool will provide additional rewards from Aethir's AI partners. ATH holders can use both pools simultaneously and allocate their ATH to both pools to earn extra rewards from gaming and AI partners, including IO.net, KIP Protocol, CARV, Crush Protocol, Deverse World, Rivalz Network, and more.

Aethir's vision is to significantly enhance the availability of high-end GPU computing resources, thereby further stimulating global innovation. By leveraging a globally decentralized enterprise-grade GPU computing network, it provides access and rewards to all ecosystem contributors, eliminating reliance on centralized cloud service providers and unlocking new economies of scale. By utilizing a scalable, secure, and cost-effective network, Aethir transforms the "new gold" of the tech industry into a widely accessible resource.

About Aethir

Aethir is a groundbreaking cloud computing infrastructure platform that is revolutionizing the traditional model of owning, allocating, and using enterprise-grade graphics processing units (GPUs). By moving away from traditional centralized models, Aethir offers a scalable and competitive framework for sharing distributed computing resources to meet the needs of enterprises and customers across various industries and regions.