Aethir's Decentralized Cloud Computing Network Launches on Ethereum Mainnet
Wednesday, June 12, 2024 11:27 AM
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Aethir’s decentralized cloud computing network has launched on the Ethereum mainnet, with its native token ATH experiencing a 100% surge in value within two hours of its launch. The platform allows users to rent high-performance computing resources for AI training and digital content rendering. Aethir’s economy is driven by ATH, which is used for staking, fast payments, governance, and security within the ecosystem. The protocol has already gained support from NVIDIA and HPE, and its user base has exceeded 500,000 on the testnet. Aethir also offers a staking program for users to secure and expand its distributed GPU network, with rewards provided in partnership with gaming and AI entities.
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Helium (HNT) Faces Increased Selling Pressure Amid Bearish Market SentimentHelium (HNT) has recently experienced a significant downturn, with its price dropping by 20.11% over the past month. This bearish trend is reflected in the market sentiment, which has been declining alongside increasing selling pressure. Notably, the derivatives market has seen a spike in selling volume, surpassing buying volume, as indicated by the Taker Buy-Sell ratio falling to 0.963. This ratio, when below 1, signals heightened selling pressure, suggesting that traders are more inclined to sell HNT than to buy it. Furthermore, the Open Interest in derivative contracts has decreased by 19.80%, indicating a bearish market scenario as fewer contracts remain unsettled.
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3 days ago
Unlock unparalleled computing power with GPUs on Aleph Cloud GPUs are now integrated into [Aleph Cloud](https://aleph.im/), providing high-performance computing for AI services, rendering, gaming, AI agents, and more.
We are proud to announce a significant milestone for our decentralized cloud ecosystem with the latest integration of GPUs. The new Aleph Cloud Core Channel Node application introduces GPU integration, a transformative feature that positions Aleph Cloud as a powerful and more competitive solution for high-performance computing needs. In addition, this release brings account management capabilities, pricing estimations, and a host of performance improvements, making Aleph Cloud an even more robust platform for developers and enterprises alike.
With GPU support, users can now unlock unparalleled computing power for tasks such as AI training, rendering, gaming, and running AI agents. By leveraging decentralized infrastructure, Aleph Cloud offers both scalability and flexibility at highly competitive prices, all through the convenience of a Pay-as-You-Go (PAYG) model using ALEPH tokens.
# Revolutionizing cloud computing with GPU integration
The integration of GPUs into Aleph Cloud marks a pivotal step forward. By enabling access to both consumer-grade and enterprise-grade GPUs, users can now select the exact resources they need through our intuitive interface at console.twentysix.cloud. This empowers them to scale their workloads seamlessly, whether they are building machine learning models, rendering complex graphics, or powering cloud-based gaming platforms.
Each GPU model is paired with specific vCPU, RAM, and disk allocations, ensuring peak performance for any workload. For example, an RTX 4090, ideal for gaming or smaller AI projects, will cost around $240 per month*, while an enterprise-grade H100, designed for data-intensive operations, costs approximately $1,920 per month*.
# Enhanced Pay-As-You-Go model
Aleph Cloud’s PAYG model is designed to offer flexibility and cost transparency, a critical advantage for businesses and developers. With ALEPH tokens as the exclusive payment method, users can enjoy a seamless payment experience across blockchains like Base, and Avalanche. This ensures not only affordability but also accessibility to a global audience.
Additionally, when a user provisions a GPU-powered virtual machine and initiates a payment, the system will automatically create two payment streams. 80% of the payment will be allocated directly to the node operator providing the compute power, while 20% will contribute to the Aleph Cloud treasury. This model ensures a fair and sustainable distribution of resources, incentivizing node operators while also reinvesting in the continued growth and development of the Aleph Cloud ecosystem.
The pricing structure is straightforward yet highly competitive. For instance:
* Consumer GPUs like the RTX 4090 are priced at ~$111 per month, while an RTX 4000 ADA costs only ~$55 per month*.
* Enterprise GPUs such as the A100 and H100 are geared towards intensive tasks, priced at ~$875 and ~$583 per month*, respectively.
This transparent structure enables users to budget accurately, scaling their resources as their projects evolve.
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Pricing breakdown as of 18/02/2025
# New features for an optimized user experience
In addition to GPU integration, this release introduces several features aimed at enhancing performance and usability. Among the key highlights:
* Aggregates caching: By implementing caching for owner aggregates and metrics data, the platform now offers faster response times and smoother performance.
* Pricing estimation: Users can now estimate the cost of executable messages before sending them, providing greater transparency and control.
* Pre-calculated balances: This feature significantly improves system performance by reducing computational overhead.
* Cost service updates: The cost service now uses pricing aggregates for more accurate estimations.
These enhancements collectively make Aleph Cloud more reliable and user-friendly, reinforcing its position as a leading solution for decentralized cloud computing.
## Unlocking new use cases with GPUs
The addition of GPUs extends Aleph Cloud’s capabilities to serve a diverse range of industries and applications:
* AI and machine learning: Train and deploy machine learning models faster and more efficiently.
* Rendering: Create stunning visual effects and high-quality 3D graphics with reduced rendering times.
* Gaming: Deliver seamless, high-performance experiences for cloud gaming platforms.
* AI agents: Power advanced AI agents with robust, decentralized computing resources.
These use cases showcase the versatility of Aleph Cloud’s GPU offering, making it a compelling choice for developers, creators, and businesses alike.
# Looking Ahead
The release of GPU integration and the accompanying features represents a significant leap forward for Aleph Cloud and its community. As we continue to enhance our platform, we remain committed to empowering users with the tools they need to innovate, scale, and succeed in a decentralized world.
To explore these new features and start leveraging GPUs on Aleph Cloud, visit [console.twentysix.cloud](https://console.twentysix.cloud/computing/gpu-instance/) today. For more updates, follow us on Twitter and join our Discord community. Together, let’s redefine the future of cloud computing.
*Those pricing are converted in USD from the current price of ALEPH token. This data should evolve in time*
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Bittensor (TAO) Price Surges Over 33% Amid Market VolatilityIn the midst of ongoing market volatility, Bittensor (TAO) has displayed a remarkable bullish trend, with its price soaring over 33% in just one week. This surge reflects a growing buying sentiment among investors, as evidenced by a 15.61% increase in the last 24 hours and a trading volume reaching $320.474 million. The Year-to-date (YTD) return stands at +4.17%, indicating a strong bullish outlook for this altcoin. Technical indicators such as the Moving Average Convergence Divergence (MACD) suggest a consistent rise in buying pressure, while the EMA 50/200-day trendlines hint at a potential Golden Cross, further supporting the optimistic price trajectory for TAO.
As the market sentiment remains positive, analysts speculate whether Bittensor can reach a new 52-week high. If the bullish momentum continues, the TAO price could test its resistance level at $500, and maintaining this level may pave the way for a target of $547. However, should a bearish trend emerge, the altcoin may find support at $437.5, with a potential drop to $326 if selling pressure intensifies. Investors are keenly watching these levels as they assess the short-term price prospects of Bittensor in the current market landscape.
Looking ahead, the long-term outlook for TAO appears promising, with projections suggesting that if bullish sentiment persists, the price could range between $634 and $1,098 by the end of the year. In an even more optimistic scenario, analysts believe Bittensor could reach a maximum trading value of $3,798. As the cryptocurrency market evolves, Bittensor remains a focal point for investors seeking to capitalize on its potential growth.
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