The project has recently reached a milestone, approaching 700,000 total workers.
This reflects a 39.95% growth rate with 197,775 new GPU and CPU providers added last week. Let’s discover more about Ionet.
Rapid Growth: Ionet Adds Nearly 200K Workers in One Week
Ionet’s mission is to harness the power of decentralized networks to democratize access to computational resources. By leveraging the Solana blockchain, known for its high speed and low transaction costs, Ionet offers a robust platform. Here, individuals and businesses can contribute their computing resources, such as GPUs and CPUs, and in return, gain financial incentives
The concept behind Ionet is to create a vast, distributed network of computing power accessible globally. This reduces reliance on centralized cloud providers. This network aims to provide scalable, cost-effective, and resilient computing resources. It’s ideal for compute-intensive tasks like AI training, scientific simulations, and large-scale data analysis.
🚨 REPORT: @solana-based @ionet has approached 700K Total Workers in its mission to build the Decentralized global internet of GPUs.
Growth Percentage: 39.95%
197,775 New Workers (GPU/CPU providers) in the last week pic.twitter.com/D1poXtWdsy— SolanaFloor | Powered by Step Finance (@SolanaFloor) April 22, 2024
Each new worker contributes to the strength and efficiency of the network, enhancing the collective processing power available. This decentralized model offers users cheaper, more accessible computational resources and lets individuals monetize idle computing power.
More About Ionet
The giants in DePIN and AI computation are joining forces as Ionet and AethirCloud collaborate to revolutionize the industry. Together, they are set to provide unmatched enterprise-grade compute availability. They combine their expertise in decentralized clustering, virtualization, and orchestration technologies.
AI/ML builders can access over 600,000 GPUs across 139 countries on @ionet, which now includes access to @AethirCloud’s supply of 40,000+ enterprise grade H100s and A100s.
This partnership includes a total $100M commitment from both projects to advance network and community…
— io.net (@ionet) April 22, 2024
This partnership promises to deliver cutting-edge resources and tools for developers globally, enabling them to build more efficient and powerful applications with the best that decentralized technology has to offer.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.