8x NVIDIA H200 SXM5 141GB HBM3e (HGX 8-GPU Server)
Reference Node Summary, Borrowing-Base Gate & 10-Jurisdiction Industrial Power TCO (Eurostat X_VAT) · ECB EUR/USD 1.1130 (2026-10-29)
Node Architecture & Thermal Envelope
- Accelerator Configuration
- 8× H200 SXM5 (141 GB / GPU)
- Total Node HBM / GDDR Memory
- 1128 GB
- Chassis & Interconnect Form Factor
- HGX SXM5 Baseboard (4U DLC / 8U Air)
- 100% Peak IT Nameplate Power
- 10.5 kW / node
- Modeled Annual Decay & ASA Haircuts
- Pro API (€149/mo) / €79 Pack
Bill of Materials (BOM) Structural Weights (18m Dollar Split in Pro)
GPU BASEBOARD (78.0%)
Pro API / €79 Pack
78.0% structural BOM share
CPU RAM NVME (11.0%)
Pro API / €79 Pack
11.0% structural BOM share
FABRIC 400G NICS (11.0%)
Pro API / €79 Pack
11.0% structural BOM share
Senior Equipment Lending & Borrowing-Base Dossier: Underwriting ABL debt against 8x NVIDIA H200 SXM5 141GB HBM3e (HGX 8-GPU Server)? Review tranche advance gates and seasoning recovery rules in the ClusterCollateral.com H200 SXM5 Collateral Dossier.
Single-Node 5-Band Valuation Taxonomy (Age: 18 Months)
Free Public Summary shows 0m OEM reference & FMV gate; secondary asking & OLV/FLV curves require Pro API or €79 Scenario Pack| Valuation Band | Single Node (EUR) | Single Node (USD) | Evidence Tier | Methodology Basis / Entitlement Note |
|---|---|---|---|---|
| New OEM / Channel Reference (0m) | €330,638 | $368,000 | T3_MARKET_BENCHMARK | OEM Integrator Reference Channel Quote Band (8x H200 HGX + ConnectX-7) |
| Secondary Refurbished Asking | Pro API / €79 Pack | Pro API / €79 Pack | PRO_ENTITLEMENT_LOCKED | Unlock via Pro Compute API (€149/mo) or B2B Scenario Pack (€79). |
| Executed / Comp Secondary FMV | INSUFFICIENT_MARKET_EVIDENCE | INSUFFICIENT_MARKET_EVIDENCE | HALT_INSUFFICIENT_DATA | Insufficient fresh (<=60d) executed server-cluster comps (n=0 < 5 required threshold; 0 stale comps excluded). Component-only eBay data and modeled curves are excluded from FMV. |
| Orderly Liquidation Value (OLV, 90–180d) | Pro API / €79 Pack | Pro API / €79 Pack | PRO_ENTITLEMENT_LOCKED | Unlock via Pro Compute API (€149/mo) or B2B Scenario Pack (€79). |
| Forced Liquidation Value (FLV, 30–60d) | Pro API / €79 Pack | Pro API / €79 Pack | PRO_ENTITLEMENT_LOCKED | Unlock via Pro Compute API (€149/mo) or B2B Scenario Pack (€79). |
10-Jurisdiction Industrial Power Tariffs & Headline 36-Month TCO
Reference cluster: 4 nodes (32 GPUs) · 72% utilization · Direct Liquid Cooling (PUE 1.12) · Eurostat tax=X_VAT| Jurisdiction | Power Ex-VAT (€/kWh) | 36m Power Cost (EUR) | 36m Net Own TCO (EUR) | Self-Hosted (€/GPU-h) | Component & Spread Split |
|---|---|---|---|---|---|
| Germany (Frankfurt / FLAP-D) (X_VAT) | €0.1379 | Pro API / €79 Pack | €806,687 | €1.33/h | Pro API (€149/mo) |
| Netherlands (Amsterdam / FLAP-D) (X_VAT) | €0.1252 | Pro API / €79 Pack | €793,845 | €1.31/h | Pro API (€149/mo) |
| France (Paris / Nuclear Baseload) (X_VAT) | €0.0794 | Pro API / €79 Pack | €747,531 | €1.23/h | Pro API (€149/mo) |
| Sweden (Nordics Hydro / SE3) (X_VAT) | €0.0897 | Pro API / €79 Pack | €757,947 | €1.25/h | Pro API (€149/mo) |
| Finland (Nordics Hydro-Nuclear) (X_VAT) | €0.0793 | Pro API / €79 Pack | €747,430 | €1.23/h | Pro API (€149/mo) |
| Norway (Nordics Hydro / NO1-NO2) (X_VAT) | €0.0712 | Pro API / €79 Pack | €739,239 | €1.22/h | Pro API (€149/mo) |
| United States (ERCOT Texas Reference) (US_INDUSTRIAL_EX_SALES_TAX) | €0.0611 | Pro API / €79 Pack | €729,022 | €1.20/h | Pro API (€149/mo) |
| United States (Virginia PJM / Ashburn Alley) (US_INDUSTRIAL_EX_SALES_TAX) | €0.0737 | Pro API / €79 Pack | €741,741 | €1.23/h | Pro API (€149/mo) |
| United States (Pacific NW Hydro / WECC Oregon) (US_INDUSTRIAL_EX_SALES_TAX) | €0.0530 | Pro API / €79 Pack | €720,845 | €1.19/h | Pro API (€149/mo) |
| United States (Midwest PJM-MISO / New Albany OH) (US_INDUSTRIAL_EX_SALES_TAX) | €0.0638 | Pro API / €79 Pack | €731,747 | €1.21/h | Pro API (€149/mo) |
Head-to-Head Hardware Architecture Comparisons
Direct side-by-side CapEx, thermal kW load, 36m US/EU power TCO, and ASA liquidation matricesVerified B2B Colocation, ITAD & Equipment Finance Directory
Strictly separated fromM-2026.10-r2 valuation & TCO equations · rel="sponsored nofollow"
Deploying or liquidating 8x NVIDIA H200 SXM5 141GB HBM3e (HGX 8-GPU Server) nodes? Verified B2B counterparties can reserve a 30-day directory placement (€299.00 one-way) on the B2B Infrastructure Directory Board.