Aethir, a decentralized public infrastructure network (DePIN), has launched its cloud network on the Ethereum mainnet. DePINs are blockchain-based protocols that facilitate the creation and operation of the network’s physical hardware infrastructure in a decentralized manner. Aethir’s cloud computing platform allows data centers, cloud providers, and crypto mining firms to contribute their idle GPU resources to the network. The company serves a diverse customer base, including AI companies and gaming studios, and operates in Southeast Asia, Latin America, and North America. Mark Rydon, CCO at Aethir, stated that their scalable framework for redistributing idle compute resources enables more innovation in AI, ML, and cloud gaming. Aethir recently closed a pre-funding round, raising $9 million and reaching a valuation of $150 million. Investors in the company include Framework Ventures, Merit Circle, Hashkey, and Animoca Brands. Aethir also introduced a new staking program that allows users to participate in the growth of its distributed GPU network. Staking enables users to earn rewards for holding certain crypto tokens. Aethir’s staking program includes two pools: ATH Gaming and ATH AI. Stakers in the ATH Gaming pool can earn rewards in Aethir’s gaming partners’ native crypto tokens, while stakers in the ATH AI pool can earn additional rewards from Aethir’s AI partners. ATH holders have the option to use both pools and divide their staked ATH to earn additional rewards from various gaming and AI partners, including IO.net, KIP Protocol, CARV, Crush Protocol, Deverse World, Rivalz Network, and others.
