With EdgeCloud for Mobile, users can now contribute their phone’s GPU power to help Theta’s decentralized network.
In return, they can earn TFUEL tokens. All this happens while your phone does the heavy lifting behind the scenes.
Earn Rewards by Sharing Your Phone’s GPU Power
There are about 3.9 billion active Android devices in the world today. Theta Labs sees this as an opportunity to use all that power to make their decentralized cloud computing network stronger. By tapping into these devices, EdgeCloud for Mobile aims to grow its network and make cloud computing faster and cheaper.
Theta EdgeCloud is a cloud-edge computing platform that uses over 30,000 distributed nodes, or computers, all over the world. These nodes help with big tasks like processing data, running AI, or even helping with video games. It’s like having a lot of computers working together at the same time.
Read more about how mobile Edge Nodes bring AI to the edge in the Edge Node mobile release blog:https://t.co/ObwSOBqOxJ
Ready to run your own Edge Node on Android? Check the Launch FAQs here: https://t.co/mwQWoAX1XA
— Theta Network (@Theta_Network) September 25, 2024
Theta’s co-founder and CEO, Mitch Liu, says that adding smartphones to this network is going to be a game-changer. Right now, they have about 30,000 PC nodes in their network. But with the new mobile feature, that number could grow by millions. Imagine how much more work can get done when everyone’s phone is pitching in.
What Can Phones Do?
You might be wondering what kind of work your phone would do. Well, these devices help with AI computations, such as video object detection. This means your phone would be helping computers understand and process videos faster. Each phone runs small tasks that, when combined, make a big impact.
New $THETA #EdgeCloud utilization all time high at 63%🔥🔥🔥
Uptime is consistent at 100% since launch and the new version is much more stable with no crashes so far although I use an automatic restart on crash software to avoid uptime issues pic.twitter.com/XLpl3Oy6Q9
— Sky Lion (@MotosakaToshisa) July 24, 2024
The coolest part? You get paid in TFUEL tokens for contributing your phone’s power. So while you’re sleeping or not using your phone, it could be working in the background and earning you rewards. Talk about making money while you snooze!
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
