In the first half of this year, the decentralized GPU cloud service sector has been quite lively. @AethirCloud, as an important participant, has had a remarkable performance in the first half of the year, with significant progress in both business and ecosystem. Let's take a look at it with Little Hamburger today!

1. Core computing power service: Fast operation, significant results
So far, their GPUs have accumulated over 1 billion hours of use, with over 430,000 high-performance GPU containers deployed globally. More importantly, the utilization rate of these devices can reach 70%.


This is significantly higher than the 30%-50% of traditional cloud service providers, indicating that resources are being used effectively, not just for show.


2. Business growth and revenue: Gaining market recognition
Their business has improved, and naturally, revenue has also increased. In the first half of the year, they earned over $61 million in total. The first quarter saw a particularly strong growth rate of 96%, while the second quarter, although slower, still grew steadily by 16%.

If this trend continues, they are expected to achieve a stable annual revenue of approximately $156 million. Moreover, this revenue isn't just imaginary; companies like http://Kluster.ai and Mondrian AI, which are in the AI field, are genuinely using their services, indicating that their solutions can indeed solve problems.

3. Integration with traditional finance: Innovative financial products supported by DePIN
As Web3 technology and digital currencies become more widespread globally, the distance between traditional finance and DeFi is also narrowing. In this context,

Aethir and Credible have announced the launch of the first credit card and loan products supported by DePIN. Holders of Aethir's decentralized GPU network native token $ATH can obtain stablecoin loans without having to sell their $ATH, simply by using it as collateral.


As part of this collaboration, Aethir's Checker node holders and $ATH holders can access Credible's private investor portal, which offers short-term lending services with annual interest rates for USDC and USDT reaching 24%.

$ATH holders can obtain stablecoin loans without selling their stablecoins, using their digital assets as collateral.

As part of the collaboration, they will also launch a free stablecoin credit card. Aethir's Checker node operators, ATH stakers, and $ATH holders can all receive the ATH credit card issued by Credible for free.


4. Position in the DePIN track and token value
In the DePIN sector, Aethir is one of the few decentralized GPU projects that has successfully established a commercial closed loop. Interestingly, by the end of Q2, the circulating market value of ATH was approximately $28 billion, while the market value of $ATH was about $280 million. This seems somewhat inconsistent compared to the continuously rising revenue.

There are fluctuations in market value and token price, but the growth curve of its revenue and delivered computing power is completely separate from the token curve. This indicates an undervaluation issue. However, while many projects in the decentralized computing space are still stuck at the slogan stage, Aethir has already been making real profits.

5. In terms of ecosystem building, Aethir has also taken substantial actions.
They haven't just focused on computing power; they are also exploring how to make the ecosystem more flexible. They created the EigenLayer ATH Vault, where users can deposit their $ATH to exchange for eATH, which helps new GPU clusters to connect while providing more utility for their tokens.

Later, they collaborated with Pendle to create an eATH pool, allowing users to utilize these tokens more flexibly to earn some returns, effectively linking virtual currencies with real services more closely.

6. In terms of community operation, Aethir's approach is also very practical.
The Aethir Tribe project specifically cultivates a network of small to medium KOLs with fan bases ranging from hundreds to thousands, and the results have been quite good. After all, this kind of grassroots communication can sometimes be more effective than larger influencers.

This grassroots communication approach often leads to more precise impacts. The Aethir Forge project encourages community self-organization to help them expand their influence in fields like AI and gaming.


Additionally, they have allocated $100 million as an ecosystem fund to specifically assist projects in new directions like AI agents and RWAfi, effectively paving the way for the long term.

Now, as regulations around crypto become clearer, this sector is likely to receive more attention, and Aethir's future development potential is highly anticipated.

If you want to stay updated on @AethirCloud's latest developments and more strategies, it would be great to follow their official Chinese account @AethirMandarin and witness their continued breakthroughs in this sector together!
#Aethir #ATH