The new GPU cluster, designed and configured in collaboration with Hewlett Packard Enterprise (HPE) and Advizex, is powered by multiple HPE Cray supercomputers. The service is offered under Hut 8’s subsidiary, Highrise AI, Inc., as part of a five-year agreement with the AI developer.
The deal includes fixed infrastructure payments alongside a revenue-sharing model, aligning with Hut 8’s strategy to diversify its operations beyond bitcoin (BTC) mining. Hut 8 CEO Asher Genoot highlighted the potential financial and strategic benefits of expanding into AI compute, emphasizing its role in revenue growth and long-term value creation.
Genoot stated:
The launch of our GPU-as-a-service vertical further diversifies our compute layer, which now spans AI compute, Bitcoin mining, and traditional cloud services.
Jerome Boucher, vice president of HPE, further expressed support for the venture, citing HPE’s expertise in high-performance computing as a key factor in the successful launch of the service. “We look forward to extending our expertise in building the world’s fastest supercomputers to support Hut 8’s ambition to offer state-of-the-art GPU-as-a-service capabilities to its customers,” Boucher remarked.
Prior to the GPU-as-a-service news, Hut 8 and Bitmain revealed the U3S21EXPH, a next-generation ASIC miner featuring direct liquid-to-chip cooling technology. Capable of 860 terahash per second (TH/s), the miner is expected to be deployed by Q2 2025 with a potential for Hut 8 to transition to self-mining. This development strengthens Hut 8’s bitcoin mining and AI infrastructure growth.
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