According to BlockBeats, Hut 8 announced that its new GPU as a service (GPUaaS) business has begun to generate revenue. The service provides customers with GPU computing power leasing to support high-performance tasks such as AI processing. Hut 8 has partnered with Hewlett Packard Enterprise and AdvizeX to launch a new computing cluster through its subsidiary Highrise AI.

The five-year partnership includes fixed infrastructure payments and a revenue sharing agreement with an unnamed AI cloud developer. Hut 8's GPUaaS cluster is deployed in a Tier 3 data center in Chicago and consists of multiple HPE Cray supercomputers equipped with 1,000 NVIDIA H100 GPUs.

Hut 8 CEO Asher Genoot said that the launch of the GPU as a service business further diversified the company's computing layer, which now covers AI computing, Bitcoin mining and traditional cloud services. This move not only enhances the company's market competitiveness, but also opens up new prospects for the application of blockchain technology.