Akash Network Founder Unveils Plan to Scale GPU Supply
Feb 14 2025 bitcoin
Akash Network, a decentralized computing marketplace, plans to scale its supply of graphics processing units (GPUs) to increase capacity as the network’s usage continues to grow. In a post on X on Feb. 12, Akash Network CEO Greg Osuri shared a plan for how the platform intends to scale GPU supply while maintaining its utilization rate. Akash currently generates the most fees among all DePIN platforms. Depin.Ninja data shows that Akash has generated over $4.3 million in annual recurring revenue (ARR). The platform’s user fees have grown, driven by a rise in GPU supply. This indicates strong demand and efficient resource allocation, considering the increasing competition from data centers around the world. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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