Hive Digital, one of many main corporations for sustainable digital infrastructure, introduced its first stay GPU compute nodes added to the BUZZ AI cloud platform in Paraguay. The corporate has already been serving the computing wants of an educational staff from Columbia College in New York.
Hive Digital Applied sciences is upgrading its compute facility in Asunción, Paraguay, to make use of sustainable vitality for a brand new GPU compute cluster. The deployment is the primary cluster to go stay based mostly on Hive’s technique of including AI layers and high-performance compute to its present vitality services.
The GPU cluster is a part of a Tier-III information middle operated by Paraguay’s main telecom supplier, and is purpose-built for AI mannequin coaching, inference, and tutorial analysis.
The educational staff is utilizing BUZZ Cloud GPU for analysis on LLM pre-training and the coaching of basis fashions.
Hive Digital plans to develop Tier-III compute facilities
Hive Digital will monitor the GPU cluster efficiency to determine a proof-of-concept for AI compute, connecting New York purchasers with a distant compute location. The preliminary take a look at will supply a non-commercial product, which can generate worthwhile efficiency information on latency, throughput, and workload administration.
“$HIVE has 300 MW of renewable hydroelectric energy operational in Paraguay, with one other 100 MW in improvement. Earlier than scaling an AI manufacturing unit, it’s prudent to beta take a look at. This deployment marks our first stay GPU compute workload in Asuncion and supplies the real- world efficiency information we have to information our Tier-III enlargement roadmap,” mentioned Frank Holmes, Govt Chairman of Hive Digital
See additionally Australian police unveil its crypto regulation unit
If profitable, the corporate goals to construct future Tier-III information middle capability in one other metropolis, with infrastructure to realize high-uptime, low-latency GPU compute.
The info facilities will use hydroelectric era and the nation’s fiber optic infrastructure. The corporate will develop based mostly on projected South American and world business demand to increase on the Tier-III information middle compute ranges.
The staff will optimize its computation to enhance mannequin high quality whereas decreasing compute and reminiscence prices. The teachers can be buying and selling GPT-3 and LLaMA fashion fashions, later scaling to bigger fashions.
Hive Digital gained its foothold in Paraguay by way of Bitcoin mining, later layering AI and high-capacity compute into the combo.
Hive Digital retains its $BTC treasury
Hive Digital retained 2,201 $BTC in its legacy treasury from mining, with no warnings of promoting. Different leaders like Mara Holdings introduced the potential of liquidating a few of its treasury reserves to fund AI enlargement.
Hive Digital additionally retains as much as 23.7 EH/s in $BTC mining capability, whereas additionally upgrading its mining operations with the most recent rig fashions. Hive Digital will proceed to supply offshore mining to 3rd events as one among its foremost sources of income.
$HIVE inventory is at the moment at $2.21, nearer to the upper vary for the previous month. The shares crashed from $6.63 on October 10, reflecting the general perspective of the crypto market. For now, $HIVE just isn’t following the AI enlargement narrative, not like main mining and AI firms like IREN. Nevertheless, the addition of extra AI and computing services could assist $HIVE break free from the crypto narrative.
See additionally Weekly crypto value evaluation: $BTC, ETH, XRP, DOT, VET, ADA
