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Home » Aethir introduces decentralized cloud network on Ethereum mainnet
Aethir introduces decentralized cloud network on Ethereum mainnet
Aethir introduces decentralized cloud network on Ethereum mainnet
Blockchain

Aethir introduces decentralized cloud network on Ethereum mainnet

06/12/20242 Mins Read
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Aethir, a provider of decentralized physical infrastructure network (DePIN), has officially launched its decentralized cloud compute network on the Ethereum mainnet.

Enterprises, data centers, cloud providers, and cryptocurrency mining operators now have the opportunity to contribute their idle GPU resources to Aethir’s GPU-as-a-service solutions network.

Co-founder Mark Rydon highlighted the significance of the mainnet release, stating:

In addition to this, Aethir enables enterprises and developers to rent compute resources from its network of providers to assist in training artificial intelligence (AI) models or rendering digital content on a large scale.

Utilizing the native ATH token, Aethir leverages Ethereum for staking capabilities and Arbitrum (ARB) for quick payments to compute providers, as well as community rewards for checker nodes that enforce quality assurance.

The ATH token also plays a key role in network governance, staking processes, and ensuring the security of the DePIN ecosystem.

When discussing the encryption measures in place to safeguard data transmission security, Rydon shared:

Aethir’s testnet phase saw over 500,000 users, along with a $146 million node sale and support from major players like NVIDIA, Super Micro, HPE, and Foxconn.

Regarding data security and privacy measures, Rydon explained:

The concept of DePIN continues to gain traction in the Web3 space, despite being available for some time now.

Speaking about the role of DePIN in Web3, Rydon stated:

DePINs have the potential to disrupt Big Tech and liberate the internet by allowing individuals to contribute their own labor or resources and receive micropayments in return.

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