Quai Network as a demand driver for decentralized GPU networks
Quote233 words
Argues Quai's ProgPoW mining keeps GPUs the optimal hardware, so Quai miners could become a major buyer of compute on DePIN networks like io.net and Clore, where supply is strong but utilization and demand lag.
Key claims
Quai uses ProgPoW, an ASIC-resistant Ethash adaptation, keeping GPUs optimal
DePIN GPU networks have strong supply but low utilization
Quai 🤝 DePIN
Quai is a high-performance EVM chain leveraging a novel PoW consensus and a sharded network architecture for scalability.
This gives rise to an entire ecosystem of interoperable parachains, ultimately forming one cohesive economy fueled by an energy-based stablecoin.
That's is big.
For the DePIN space it might be even bigger.
Why? ↓
PoW mining on @QuaiNetwork relies on the ProgPoW hashing algorithm, an adaptation of Ethash engineered to boost ASIC resistance.
This ensures that GPUs remain the optimal hardware for mining on Quai, and hence makes Quai miners a potentially huge consumer of compute on decentralized GPU networks like @ionet and @clore_ai.
These networks offer institutional-grade, on-demand access to GPUs at affordable rates. With an AI industry in hyper-growth, this will be absolutely crucial far beyond crypto.
DePIN bears significant potential to make compute available to smaller players that are not part of the big tech oligopoly dominating the space, and monopolizing compute power amid a global shortage of GPUs.
However, while being quick in bootstrapping a strong supply side, the demand side on these networks has been lagging, with utilization rates remaining low.
While these network take time to become established among companies in the broader AI space (mostly Web2 still), Quai could become a major demand factor to meet the supply on these decentralized GPU networks.
Recommend to DYOR here anon. ↓
Deep dive on @QuaiNetwork ↓
x.com/zerokn0wledge_/status/1847319936969924997
QUOTING @QuaiNetwork
Mining Quai just got easier with @clore_ai Why let heavy costs and complex setups hold you back? With Clore’s decentralized GPU marketplace, anyone can tap into high-performance GPUs from around the world—no hefty investment needed, just a few clicks to get started. Here’s why
Mining Quai just got easier with @clore_ai Why let heavy costs and complex setups hold you back? With Clore’s decentralized GPU marketplace, anyone can tap into high-performance GPUs from around the world—no hefty investment needed, just a few clicks to get started. Here’s why