# Hyperbolic (Underperforming) — ClusterMAX GPU Cloud Review > Hyperbolic earns a ClusterMAX 2.0 Underperforming rating from SemiAnalysis. Hyperbolic positions itself as a low cost GPU aggregator, however it’s “high-end” H100 and H200 offerings, are explicitly listed as “beta” on the website. Users can pay for their GPUs with cryptocurrency, bank transfers, or… - **Provider**: Hyperbolic - **ClusterMAX Tier**: Underperforming - **Tier definition**: Can rise to Bronze or Silver quickly if critical issues are fixed (security attestation, modern GPUs, etc.). - **Authors**: Jordan Nanos, Daniel Nishball, Dylan Patel (SemiAnalysis) - **Published**: 2025-11-06 (Nov 06, 2025) - **Last updated**: 2025-11-06 (Nov 06, 2025) - **Source**: ClusterMAX 2.0 - **Canonical URL**: https://www.clustermax.ai/cloudreview/hyperbolic - **Source article**: https://newsletter.semianalysis.com/p/clustermax-20-the-industry-standard - **Topics**: Hyperbolic review, Hyperbolic GPU cloud, Hyperbolic ClusterMAX rating, Hyperbolic Underperforming, Underperforming tier GPU cloud, GPU cloud review, neocloud review, Hyperbolic H200, Hyperbolic H100, H200 cloud, H100 cloud, ClusterMAX 2.0, SemiAnalysis --- Hyperbolic positions itself as a low cost GPU aggregator, however it’s “high-end” H100 and H200 offerings, are explicitly listed as “beta” on the website. Users can pay for their GPUs with cryptocurrency, bank transfers, or credit card payments. Our hands-on testing began with exceptionally fast provisioning time, with a new H100 instance spinning up and becoming accessible in under 25 seconds, the fastest we saw in all our research. Unfortunately this was immediately undermined by the state of the software on the node. The instance was pre-provisioned with an out-of-date PyTorch version (2.5.1). Also, essential tools like Docker were not pre-installed. [](https://substackcdn.com/image/fetch/$s_!cOeF!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F310f7227-f93e-46e8-92bf-01b423cab3cc_935x536.png)Source: a brand new H100 node on Hyperbolic Platform reliability emerged as the most critical failure. Our testing was plagued by persistent connection drops, instances inexplicably falling into an “Unknown status,” and ultimately, a complete failure of the provisioning system that prevented us from creating or accessing any instances. [](https://substackcdn.com/image/fetch/$s_!gEww!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3d43c154-df2f-4982-a966-87971c0ef20d_937x503.png)Source: unknown status… [](https://substackcdn.com/image/fetch/$s_!2XaJ!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa3f881b9-e577-4392-b50d-8a042303b87b_937x503.png)Source: error in the hyperbolic UI Overall hyperbolic has a promising business but is lacking basic security attestation, and had among the worst user experience for an on-demand VM from all the marketplaces that we tested. It is unclear if that is on the side of hyperbolic, or the underlying datacenter provider, but we think it illustrates the point about reliability challenges that prospective users of GPU brokers/platforms/marketplaces/aggregators will have to contend with. --- Other Underperforming tier providers: - IREN/Iris Energy: https://www.clustermax.ai/cloudreview/irenirisenergy - Hydra Host: https://www.clustermax.ai/cloudreview/hydrahost - FarmGPU: https://www.clustermax.ai/cloudreview/farmgpu - Whitefiber: https://www.clustermax.ai/cloudreview/whitefiber - DeepInfra: https://www.clustermax.ai/cloudreview/deepinfra - Dstack Sky: https://www.clustermax.ai/cloudreview/dstacksky - PaleBlueDot: https://www.clustermax.ai/cloudreview/palebluedot - Aethir: https://www.clustermax.ai/cloudreview/aethir - Akash Network: https://www.clustermax.ai/cloudreview/akashnetwork - Salad Cloud: https://www.clustermax.ai/cloudreview/saladcloud - Clore: https://www.clustermax.ai/cloudreview/clore - Mithril/ML Foundry: https://www.clustermax.ai/cloudreview/mithrilmlfoundry - GPU.net: https://www.clustermax.ai/cloudreview/gpunet - Massed Compute: https://www.clustermax.ai/cloudreview/massedcompute - Exabits: https://www.clustermax.ai/cloudreview/exabits - Sesterce: https://www.clustermax.ai/cloudreview/sesterce - E2E Networks: https://www.clustermax.ai/cloudreview/e2enetworks - OVHcloud: https://www.clustermax.ai/cloudreview/ovhcloud - Dihuni: https://www.clustermax.ai/cloudreview/dihuni - Akamai/Linode: https://www.clustermax.ai/cloudreview/akamailinode - HETZNER: https://www.clustermax.ai/cloudreview/hetzner Full ClusterMAX 2.0 + 2.1 index: https://www.clustermax.ai/cloudreview Full LLM dump of all reviews: https://www.clustermax.ai/llms-full.txt