TechFlow reports that bitcoin mining firm Hut 8 has announced its new GPU-as-a-Service (GPUaaS) business has begun generating revenue. The service offers customers leased GPU computing power to support high-performance tasks such as AI processing.
Hut 8 partnered with Hewlett Packard Enterprise (HPE) and AdvizeX to design and launch the new computing cluster through its subsidiary, Highrise AI. This five-year collaboration includes fixed infrastructure payments and a revenue-sharing agreement with an unnamed AI cloud developer.
The Hut 8 GPUaaS cluster is deployed in a Tier-3 data center in Chicago, composed of multiple HPE Cray supercomputers equipped with 1,000 NVIDIA H100 GPUs. Hut 8 CEO Asher Genoot stated that the launch of the GPU-as-a-Service business further diversifies the company's compute layers, now encompassing AI computing, bitcoin mining, and traditional cloud services.
