Aethir, a provider of decentralized physical infrastructure network (DePIN), has recently launched its decentralized cloud computing network on the Ethereum mainnet.
Various entities such as enterprises, data centers, other cloud providers, and cryptocurrency mining operators can now contribute their idle GPU resources to Aethir’s GPU-as-a-service solutions network.
Mark Rydon, the co-founder, highlighted the significance of the mainnet launch, stating that it will allow enterprises and developers to rent compute resources from Aethir’s network of providers for 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, community rewards for checker nodes, and network governance, staking processes, and security of the DePIN ecosystem.
Rydon discussed the encryption measures in place to ensure data transmission security with Cointelegraph, emphasizing the importance of protecting data privacy.
During Aethir’s testnet phase, which attracted over 500,000 users and raised $146 million in node sales, the project received support from major companies like NVIDIA, Super Micro, HPE, and Foxconn.
When addressing data security and privacy measures, Rydon explained how Aethir prioritizes these aspects to maintain a safe environment for users.
The concept of DePINs in the Web3 space continues to gain traction, with Rydon suggesting that they have the potential to disrupt Big Tech and empower individuals by allowing them to offer their own labor or resources and receive micropayments in return.