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Will Hut 8's GPU-as-a-Service generate $10 million in revenue by the end of Q1 2025?
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Yes • 50%
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Hut 8's quarterly financial reports or official press releases
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Hut 8 Launches GPU-as-a-Service with HPE in Chicago
Sep 26, 2024, 01:47 PM
Bitcoin mining company Hut 8 has announced the launch of its GPU-as-a-Service business, collaborating with Hewlett Packard Enterprise (HPE) and AdvizeX. The service, which features a cluster of 1,000 NVIDIA H100 GPUs and Cray supercomputers, is hosted at a Tier 3 data center in Chicago. This strategic expansion into AI computing aims to diversify Hut 8's compute layer by incorporating AI and cloud computing, thereby maximizing returns. The new service is already generating revenue with its first AI cloud developer fully online.
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Less than $200 million • 25%
$200 million to $400 million • 25%
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