Latest Aethir News

Aethir, a new project in the GPU distribution sector, aims to disrupt the global GPU market by addressing the supply issue caused by high demand from AI and gaming. The project has successfully launched its cloud service, offering on-demand GPU compute solutions. With a focus on the enterprise side, Aethir connects businesses with high-powered GPU chips like NVIDIA's H100s for machine learning and AI applications. The platform claims to have the largest GPU network in the DePIN sector, providing over 43,000 enterprise-grade GPUs with a 99.99% uptime across 23 countries. Aethir's decentralized approach pools underutilized GPU power and distributes it where needed, making it a cost-effective and efficient solution for industries like cloud gaming. The project also features its native $ATH token, used for network services, governance participation, and staking. Despite challenging market conditions, the token has performed well since its launch on June 12th.

Bitrue, a top cryptocurrency exchange, has launched a 3-week ATH Trading Marathon with a prize pool of 1,180,000 ATH. The event follows the listing of Aethir (ATH) on Bitrue on June 12, 2024. The trading marathon, running from June 13 to July 4, 2024, is part of the Aethir Launch Week campaign, which includes various activities and events to engage and reward the Bitrue community. The campaign features an AMA session with Aethir's co-founder, a trading competition, and a staking campaign for Aethir (ATH) and Bitrue Token (BTR). Aethir ATH is a decentralized project providing on-demand GPU infrastructure for gaming, AI research, and development. Bitrue, launched in 2018, is a digital asset exchange supporting trading, loans, and investments, aiming to bring financial opportunities to everyone using blockchain technology.

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.

Aethir, a Decentralized public infrastructure network, has launched its cloud network on the Ethereum mainnet, enabling data centers and crypto mining firms to contribute idle GPU resources. The platform serves AI companies, gaming studios, and operates across Southeast Asia, Latin America, and North America. Aethir has reached a $150 million valuation after a pre-funding round and introduced a staking program for users to grow its distributed GPU network, offering rewards from gaming and AI partners.

DePin's Aethir has achieved a significant milestone with its ATH token listing on over 16 centralized crypto exchanges, including OKX, Gate.io, and Bitfinex. The ATH token plays a crucial role in the ecosystem, serving as a medium of exchange, governance, staking, and ecosystem support. Crypto analyst Hitesh Malviya predicts a fully diluted valuation of $3 billion for ATH tokens, comparing it to Akash Network's AKT token. Despite some community disappointments, Aethir's approach of aggregating unused and new GPUs from various sources has attracted over 200,000 users and more than 20 node locations globally. The project has raised over $150 million from its node sales, providing a strong financial backing for sustainable growth.

PlayFi, a gaming-centric blockchain platform, has partnered with four industry leaders to enhance the gaming ecosystem with AI and blockchain technology. The collaborations with Aethir, MultiversX, Squid, and Matter Labs aim to optimize GPU resources, secure data storage, facilitate token swaps, and leverage Layer-2 solutions for a seamless gaming experience. These partnerships are expected to benefit both developers and players by creating a more interconnected and immersive gaming environment.

Bitfinex, a prominent digital asset trading platform, is set to list ATH, the native token of Aethir, a decentralized cloud infrastructure provider that specializes in AI and gaming. Aethir operates as a decentralized physical infrastructure network (DePIN), offering high-speed, scalable enterprise-grade cloud services suitable for resource-intensive applications like Bitcoin mining and AI. The ATH token serves various utilities within the Aethir ecosystem, including payment for services, governance voting rights, and staking opportunities, with a total supply of 42 billion tokens. Henry Child, Head of Tokens at Bitfinex, highlighted the significance of Aethir's approach to distributed cloud computing in addressing the GPU shortage in the tech industry. ATH deposits are expected to open on June 10, 2024, with trading commencing on June 12, 2024, against US Dollars and Tether tokens. Users must adhere to Bitfinex's terms of service, with U.S. persons and other prohibited individuals restricted from using the platform.

Aethir, a decentralized GPU-as-a-Service platform, has been analyzed in a new report by Mythos Research and CMC Research. The report delves into Aethir's technology, partnerships, and market position in Decentralized Physical Infrastructure Networks (DePIN). Aethir aims to connect GPU providers with consumers in AI, gaming, and virtual computing. It boasts a $24 million GPU infrastructure across 13 countries, serving as a marketplace for aggregated GPU resources. The platform's diverse network allows for efficient pooling and utilization of distributed computing resources, highlighting its potential in the decentralized infrastructure market.

Aethir is advancing in decentralized physical infrastructure with AI and machine learning, announcing a partnership with GAM3S.GG for enhanced gaming experience. Aethir Edge has distributed over 66,000 Checker Nodes, utilizing idle GPU power for earning $ATH tokens. The company aims to address the global GPU scarcity by aggregating and redistributing resources, potentially increasing global GPU compute availability. Aethir also hosted the 'AI Dinner Salon' at Consensus 2024, discussing decentralized AI's future.