CoresRent docs
Overview
CoresRent lets you own part of real GPUs in named data centers and earn your share of the rent AI companies pay for them. These docs explain how it works, what you own, and how to check every number yourself.
Start with the five lines below. Each links out to a page with the detail: where your money goes, how rent is measured, what comes off before you are paid, and what can go wrong. The ledger pages show you how to check any number yourself, without trusting us.
CoresRent in five lines
- You buy into machines. You connect a wallet, deposit USDC into your CoresRent balance and use it to buy shares of specific GPU servers, called sleds: eight NVIDIA L40S GPUs in one chassis. Every sled is already installed and renting.
- A custodian holds them. An independent data center operator installs each sled in a named site and keeps it running. The machines belong to CR Machines SPV I Ltd., a company that exists only to own them.
- AI companies rent them. Tenants pay by the GPU-hour to train and run their models. An hour nobody rents earns nothing.
- Every hour is metered and signed. A sealed meter on each sled reads power and GPU time every 60 seconds. Each hour the custodian signs a record, and a fingerprint of every record is posted to Ethereum.
- Net rent is paid daily. At 00:00 UTC, power, space, the maintenance reserve, insurance and our 8% fee come off. The rest is credited to your dashboard balance in USDC, and you can withdraw it whenever you like.
The pool today
- Data centers
- 2
- GPUs
- 64
- Sleds
- 8
- Racks
- 2
The machines sit in two US data centers, IAD-4 in Ashburn and DFW-2 in Dallas, one rack of 4 sleds at each site, and all of them are installed and renting. Each site has its own custodian and its own signing key, listed on Chain and addresses. You can start with $50 in the pool, $100 in a single sled or $500 in a rack.
Where to start
If you are new, read these in order. Do not skip the risks page.
- Using CoresRentHow it worksThe path of a dollar, from your wallet to a rack and back, with one day worked through.
- Using CoresRentWhat you ownWhat a share is a claim on, and what it does not give you.
- Using CoresRentWhere the rent goesThe split of every dollar of rent, and the one fee we take.
- Using CoresRentWhat can go wrongIdle machines, falling prices, ageing hardware and the rest, with numbers.
- Using CoresRentHow metering worksWhat the sealed meter reads, how often, and who signs the result.
- The ledgerVerifying a recordCheck an hour of rent yourself against the contracts on Ethereum.
Words we use
| Term | Meaning |
|---|---|
| Sled | One server with eight NVIDIA L40S GPUs. The smallest unit you can buy into. |
| Rack | Sleds side by side in one data center. Each CoresRent rack holds 4 sleds, 32 GPUs. |
| Pool | All 8 sleds across both sites. The widest way in. |
| Share | Your part of a sled, a rack or the pool, recorded against your wallet by the Subscription contract. Shares cannot be transferred or traded. |
| Balance | Your USDC on CoresRent: deposits not yet spent on shares, rent credited each day and redemption proceeds. You can withdraw it at any time. |
| Custodian | The data center operator that installs, runs and signs for the machines at one site. |
| GPU-hour | One GPU rented for one hour. Rent is priced per GPU-hour. |
| Utilisation | The share of GPU-hours that were rented. 80% means 80 of every 100 possible GPU-hours earned rent. |
| Record | One machine's signed meter reading for one hour. |
| Root | A single hash that commits to every record of one site for one hour. It is posted to the Ledger contract. |
| NAV | Net asset value: what a machine or the pool owns, less what it owes, per share. Shares are bought and redeemed at NAV. |
| Settlement | The daily payment of net rent to the Distributor at 00:00 UTC, which credits it to every shareholder's balance. |
Last updated 5 October 2026.