• Hut 8 launched a GPU-as-a-service enterprise to leverage the expansion potential of AI.
• The Bitcoin miner introduced that it has partnered with Hewlett Packard Enterprise and AdvizeX to launch a 1,000 Nvidia H100 GPU cluster.
• Hut 8 is aiming for income diversification and long-term progress with this AI wager.

Hut 8, an power infrastructure supplier and high Bitcoin miner, introduced that its GPU-as-a-service vertical is now dwell.

In response to Hut 8's September 26 announcement, the GPU cluster consists of a number of HPE supercomputers, all geared up with 1,000 Nvidia H100 GPUs. The announcement is a part of a partnership between Hewlett Packard Enterprise and data expertise firm AdvizeX.

Hut 8 focuses on selling AI

In response to a press launch, Hut 8's subsidiary Highrise AI will host the GPU-as-a-service enterprise and enter right into a five-year settlement for income sharing and infrastructure funds.

The deal permits Hut 8 to additional diversify its enterprise to incorporate computing layers throughout synthetic intelligence, Bitcoin mining and cloud companies.

“In keeping with our dedication to disciplined capital allocation, our rigorously structured AI computing enterprise is financially and strategically accretive, with top-line progress,” stated Asher Genoot, chief govt officer of Hut 8. “We imagine this can drive excessive progress, income diversification and long-term worth creation.”

New subsequent era mining chip

The launch of Hut 8's new enterprise space comes days after the miner introduced the launch of U3S21EXPH, a brand new ASIC miner with direct liquid-to-chip cooling (DLC).

The miner has partnered with main crypto mining chip producer BITMAIN to develop this new ASIC mining chip. Hut 8 plans to roll out the brand new mannequin within the second quarter of 2025 by hosted deployments of roughly 15 exahashes per second.

The preliminary deployment of 15 EH/s will push Hut 8's hashrate by about 81%, however miners anticipate to have the potential for 20 EH/s with self-mining.