Bidding Pool
Last updated
Last updated
The GPU Bidding Pool allows providers to freely connect and disconnect their GPUs while participating in a direct market competition through a bidding system. Revenue is generated as GPUs are directly rented out. The bidding system takes into account the environment of each GPU provider and suggests a range of average market bids. The rental price is determined at the point where the supply from GPU providers meets the demand from users. This real-time bidding process enables users to rent GPUs at more competitive and efficient prices.
The bidding system manages all aspects of the bidding process, publishing both provider and user bid data. It monitors the status of connected GPUs, collects performance data, and creates market data. Using this information, the system can suggest appropriate bidding ranges. The process is completed by processing rental payments and settling earnings.
The GPU bidding system effectively leverages idle resources, offering economic benefits to both providers and users. With the flexibility of connection and disconnection and real-time bidding competition, the system ensures optimal resource allocation in line with market dynamics. This approach underpins the provision of microservices that deliver high performance at a low cost, creating a solid foundation for efficient and cost-effective operations.