CGPU

CloudGPU price
CGPU
#3358

$0.04307  

97.96% (1d)

CloudGPU to USD Chart

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CloudGPU statistics
Market cap
$768.82K

0.00%

Volume (24h)
$209.87K

155.42%

FDV
$904.49K
Vol/Mkt Cap (24h)
27.30%
Total supply
21M CGPU
Max. supply
21M CGPU
Self-reported circulating supply
17.85M CGPU
85%
CGPU to USD converter
CGPU
USD
Price performance
24h 
Low
$0.02176
High
$0.05173
All-time high
Oct 19, 2024 (3h ago)
$0.05173
-16.73%
All-time low
Oct 18, 2024 (1day ago)
$0.009944
+333.14%
See historical data
Self-Reported Tags
Distributed ComputingShow all


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CloudGPU news

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

About CloudGPU

cGPU is at the forefront of revolutionizing decentralized GPU computing, creating a dynamic marketplace that connects GPU providers with users in need of high-performance computational power. This innovative platform offers on-demand GPU rental services, featuring one-click deployment and pre-configured templates tailored for cutting-edge applications in artificial intelligence, machine learning, data analytics, and scientific simulations.

At its core, cGPU aims to democratize access to powerful GPU resources, breaking down the financial and technical barriers that have traditionally limited such access to large corporations and institutions. By leveraging blockchain technology and decentralized architecture, cGPU enables individuals, startups, researchers, and organizations of all sizes to harness the power of high-performance computing without the need for significant capital investment.

The platform's user-friendly interface simplifies the process of renting and utilizing GPU resources. Users can easily select from a range of available GPUs, matching their specific computational needs with appropriate hardware specifications. The one-click deployment feature and pre-configured templates for popular frameworks like PyTorch and TensorFlow significantly reduce the technical complexity, allowing users to focus on their core tasks rather than infrastructure setup.

For GPU providers, cGPU offers a unique opportunity to monetize idle or underutilized hardware. By joining the cGPU network, individuals and organizations with spare GPU capacity can earn revenue by renting out their resources to a global user base. This not only maximizes the efficiency of existing hardware but also contributes to a more sustainable computing ecosystem by reducing the need for redundant infrastructure.

A key component of the cGPU ecosystem is its native token, which plays a crucial role in facilitating transactions, incentivizing participation, and governing the network. The project's tokenomics are designed to ensure long-term sustainability and growth, with a fixed supply of tokens and carefully structured allocation for various purposes including development, marketing, and community incentives.

Looking ahead, cGPU's ambitious roadmap includes several groundbreaking developments. Chief among these is the transition to a proprietary Layer 1 (L1) blockchain, custom-built to optimize GPU resource management and transaction efficiency. This move will not only enhance the platform's scalability and performance but also eliminate transaction taxes, further reducing costs for users.

The development of a comprehensive Software Development Kit (SDK) is another priority, aimed at streamlining the process of integrating GPUs into the network. This will significantly enhance the platform's ability to onboard new providers and scale its operations rapidly.

cGPU also plans to implement an advanced staking mechanism, allowing token holders to earn ETH rewards. This innovative approach, funded by the platform's rental earnings, aligns the interests of token holders with the overall success of the ecosystem.

Intelligent task distribution is another key feature on the horizon. By leveraging machine learning algorithms, cGPU will optimize resource allocation, ensuring that computational tasks are matched with the most suitable GPU resources for maximum efficiency and performance.

As the project evolves, cGPU is committed to expanding its reach through strategic partnerships with hardware manufacturers, software developers, research institutions, and enterprises across various industries. These collaborations will not only drive adoption but also contribute to the continuous improvement and innovation of the platform.

In essence, cGPU represents a paradigm shift in the world of high-performance computing. By creating a decentralized, accessible, and efficient marketplace for GPU resources, it empowers a new generation of innovators, researchers, and businesses to push the boundaries of what's possible in fields like AI, scientific research, and data analysis. As it continues to grow and evolve, cGPU is poised to play a pivotal role in shaping the future of decentralized computing.