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Why Renting GPUs Makes More Sense Than Buying

- Team Vast

January 28, 2023-GPU

Renting cloud GPUs and buying GPUs are two different options for individuals and organizations that need access to powerful graphics processing units (GPUs) for tasks such as machine learning and data analysis. Both options have their own advantages and disadvantages and the choice between them will depend on the specific needs and budget of the user.

Companies, universities, researchers, and home users alike have started to rent a GPU or entire GPU servers for deep learning and neural networks. Renting GPUs has quickly become the preferred option by many people who need access to powerful GPU cards without the long-term commitment or expense that comes with buying them outright.

Cost advantages to renting a GPU for machine learning

Let's face it: the price of GPUs is high. A single GPU can range in price from a few hundred dollars to upwards of $10,000.

But, they're incredibly necessary for complex tasks that require high performance and reliability, like image rendering, data science, and blockchain processing on a large scale. Renting a GPU takes that anxiety off the table and prevents people from making costly mistakes (and experiencing buyer's remorse). To make matters worse, a GPU's value doesn't increase in value over time. As a rule of thumb, people can expect a GPU to lose about 15% of its value relative to the MSRP on the used market each year.

This also offers you a great deal of flexibility. You can start and stop at any time, and when a new GPU comes out, you don't have to replace all your old hardware - just rent the next GPU in the technology tree. You can scale your configuration up and down as needed, add memory and performance to your technology stack, and

Flexible, short-term infrastructure needs

First and foremost, renting a GPU allows you to rent high-performance GPU hardware for short periods of time, allowing you to rent and test different GPUs without the long-term commitment of a purchase. This is ideal for those who may only need the GPU for a small project or experiment. Users can choose the GPU that best suits their needs and easily scale up or down as needed. Additionally, cloud GPU providers often include additional features such as easy data transfer and remote access.

By choosing to rent, it becomes possible for someone to find the GPU that is best-suited for their particular project. Think of renting as a matchmaking service between the project you're working on or dreaming about and the tech you need to bring it to life.

Get powerful GPU servers for much less

Renting cloud GPUs and buying GPUs are two different options for individuals and organizations that need access to powerful graphics processing units (GPUs) for tasks such as machine learning and data analysis. Both options have their own advantages and disadvantages and the choice between them will depend on the specific needs and budget of the user.

Companies, universities, researchers, and home users alike have started to rent a GPU or entire GPU servers for deep learning and neural networks. Renting GPUs has quickly become the preferred option by those who need access to powerful GPU cards without the long-term commitment or expense that comes with buying them outright.

Cost advantages to renting a GPU for machine learning

Let's face it: the price of GPUs is high. A single GPU can range in price from a few hundred dollars to upwards of $10,000.

But, they're incredibly necessary for complex tasks that require high performance and reliability, like image rendering, data science, and blockchain processing on a large scale. Renting a GPU takes that anxiety off the table and prevents people from making costly mistakes (and experiencing buyer's remorse). To make matters worse, a GPU's value doesn't increase in value over time. As a rule of thumb, people can expect a GPU to lose about 15% of its value relative to the MSRP on the used market each year.

This also offers you a great deal of flexibility. You can start and stop at any time, and when a new GPU comes out, you don't have to replace all your old hardware - just rent the next GPU in the technology tree. You can scale your configuration up and down as needed, add memory and performance to your technology stack, and

Flexible, short-term infrastructure needs

First and foremost, renting a GPU allows you to rent high-performance GPU hardware for short periods of time, allowing you to rent and test different GPUs without the long-term commitment of a purchase. This is ideal for those who may only need the GPU for a small project or experiment. Users can choose the GPU that suits their needs and easily scale up or down as needed. Additionally, cloud GPU providers often include additional features such as easy data transfer and remote access.

By choosing to rent, it becomes possible for someone to find the GPU that is best suited for their particular project. Think of renting as a matchmaking service between the project you're working on or dreaming about and the tech you need to bring it to life.

Get powerful GPU servers for much less

Additionally, this allows you to rent more powerful GPUs than you can afford to buy. This also gives users the ability to rent GPUs with unique characteristics that may not be available for purchase, such as special processor configurations or multiple cards in one system. Any future updates can be added, enabling you to keep up with the latest trends and new technology, without having to re-sell the old hardware to buy anew.

Minimize upfront costs

Finally, renting GPUs is much more cost-effective than buying a GPU outright. Not only do you avoid the upfront expense of purchasing GPU hardware, but you also avoid the ongoing costs of maintenance, depreciation, and energy consumption that come with owning a GPU.

GPUs enable computers to process many pieces of data at once, making them invaluable for people who are into deep learning, edit movies, mine cryptocurrencies, frequently use gaming applications, and more. For anyone who has wondered if renting or buying a GPU is best for their needs, read on to find out why renting makes the most sense.

A high-performance computing cloud that stays relevant

Talk to anyone with an interest in electronics, whether they always want the latest phone, music equipment, or power tool, and they will all say the same thing: "something bigger and better is always right around the corner."

Not to worry when renting, with technology changing quickly, topics like maintenance, upgrades, and new product launches aren't even in your vocabulary. Leave it to someone else--you have access to the latest and greatest at your fingertips!

Future-proof your systems

Just like with any major purchase, trying to buy something complicated with limited knowledge can turn a purchase into a risky gamble. Renting a GPU will save you tons of time on research. Rather than spending hours reading product reviews and bouncing around to different sites, renting makes your life easy. The company you rent from has done all of the work and condensed hundreds of articles into easy-to-digest information, allowing you to make your selections with a few clicks of a mouse. Now, that's an easy button!

From houses and cars to parking spaces, RVs and tools, the option to rent has become more and more popular. And why wouldn't it -- it takes away the stress and financial implications of owning. Renting a GPU is the smartest way to get access to the resources you need at a lower cost.

About Vast.ai

Vast.ai is a decentralized compute marketplace that allows users to rent cloud GPUs at much lower prices than major cloud providers like Amazon Web Services (AWS), Google Cloud, and Microsoft Azure. The company utilizes a peer-to-peer network of individual GPU owners to provide users with access to powerful GPU resources at a fraction of the cost of traditional cloud providers. Additionally, this allows you to rent more powerful GPUs than you can afford to buy. This also gives users the ability to rent GPUs with unique characteristics that may not be available for purchase, such as special processor configurations or multiple cards in one system. Any future updates can be added, enabling you to keep up with the latest trends and new technology, without having to re-sell the old hardware to buy anew.

Minimize upfront costs

Finally, renting GPUs is much more cost-effective than buying a GPU outright. Not only do you avoid the upfront expense of purchasing GPU hardware, but you also avoid the ongoing costs of maintenance, depreciation, and energy consumption that come with owning a GPU.

GPUs enable computers to process many pieces of data at once, making them invaluable for people who are into deep learning, edit movies, mine cryptocurrencies, frequently use gaming applications, and more. For anyone who has wondered if renting or buying a GPU is best for their needs, read on to find out why renting makes the most sense.

A high-performance computing cloud that stays relevant

Talk to anyone with an interest in electronics, whether they always want the latest phone, music equipment, or power tool, and they will all say the same thing: "something bigger and better is always right around the corner."

Not to worry when renting -- with technology changing quickly, topics like maintenance, upgrades, and new product launches aren't even in your vocabulary. Leave it to someone else--you have access to the latest and greatest at your fingertips!

Future-proof your systems

Just like with any major purchase, trying to buy something complicated with limited knowledge can turn a purchase into a risky gamble. Renting a GPU will save you tons of time on research. Rather than spending hours reading product reviews and bouncing around to different sites, renting makes your life easy. The company you rent from has done all of the work and condensed hundreds of articles into easy-to-digest information, allowing you to make your selections with a few clicks of a mouse. Now, that's an easy button!

From houses and cars to parking spaces, RVs and tools, the option to rent has become more and more popular. And why wouldn't it -- it takes away the stress and financial implications of owning. Renting a GPU is the smartest way to get access to the resources you need at a lower cost.

About Vast.ai

Vast.ai is a decentralized compute marketplace that allows users to rent cloud GPUs at much lower prices than major cloud providers like Amazon Web Services (AWS), Google Cloud, and Microsoft Azure. The company utilizes a peer-to-peer network of individual GPU owners to provide users with access to powerful GPU resources at a fraction of the cost of traditional cloud providers.

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