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Ethereum mining app for PCs on Golem Network

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Pavan A Follow

INDIA

Sep, 27 2021

Sep, 27 2021

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Golem Network, an Ethereum-based platform for sharing spare computing power, is launching Thorg, a desktop application that allows to easily mine for Ethereum.

Built on top of the Golem Network, Thorg has been designed not just for gamers and miners but also for other individuals with no access to high-powered home computers. The app will soon be added for more types of machines as well.

This application enhances the platform with additional tools for optimizing passive income and users can mine Ethereum with their laptops or desktops with no complicated setup process.

The new desktop app is aimed at making mining Ethereum easier with increased usability, functionality, and features. Payments are completed in real-time with low fees by using Ethereum’s second-layer solution.

As cryptocurrencies became more popular, so did the demand for people who verify transactions by solving cryptographic puzzles (miners) and high-performance computers increased.

Mining coins such as Ethereum is often not worth it if it's done on an underpowered computer. This new desktop app called Thorg is aimed at solving these problems and making the entire process more user-friendly and profitable for miners.

“Thorg enhances the Golem platform, as this mining use-case opens up new and exciting ways of creating a healthy and efficient market by providing additional tools for optimizing passive income. The application also enables us to explore new payment schemes, different cooperation models between users, and additional ways of accessing and utilizing the Golem Network,” said Piotr Janiuk, CEO at Golem Network.

Golem is a peer-to-peer network using Ethereum’s decentralized blockchain technology. It is a global, open-sourced, decentralized supercomputer anyone can access. The platform lets anyone tap into the power of an open market of computing devices to process data and a marketplace that links people who need computer resources with those willing to provide them in exchange for GLM.

This is one of the most exciting technologies to emerge in recent years. The company’s goal is to create a decentralized, global, open-sourced, and partitioned network for sharing unused computing capacity with other people and machines all over the world. It will allow users to access computing power from anywhere, anytime without having to spend on overpriced hardware.


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Pavan A

CBW - External Analyst

INDIA

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