What is Clore.ai?

Clore.ai is a platform for leasing GPU computing resources between individuals and businesses for tasks including artificial intelligence training, video rendering, and cryptocurrency mining. It uses minute-by-minute billing and a lease initiation process intended to let renters and hosters use resources flexibly. The description also states that hosters can run background mining while waiting for tenants, and that it encourages hosters to use renewable energy.

Clore.ai has a native digital currency, Clore Coin, described as a Proof-of-Work blockchain using the KaWPOW algorithm. It is used to reward hosters and the platform also implements a Proof of Holding system, where holders of Clore Coin in desktop wallets can receive discounts of up to 50% on commission fees when renting. Clore Coin launched on December 6, 2022, in the Czech Republic, with no premine, ICO, or masternodes, and it claims that anyone can mine from the first block.