Mining Ether on a home PC can be done, but profits will be few and far between.
Golem is a cryptocurrency and P2P app that was in development for 3 years before its release. Sales of Golem tokens lasted for 20 minutes, during which the app team gathered about 820000ETH. Golem is based on the Ethereum blockchain and has created a peer-to-peer computing infrastructure in order to provide a global, distributed market of a central processor unit (CPU) power. The platform is a so-called Worldwide Computer which allows everyone to make a contribution. At this stage, the system allows users or providers to lease some extra CPU power in exchange for a reward from customers who create products that require large sources of energy. Golem uses Ethereum’s smart-contracts as a transactional system of payments within the network. The purpose of this technology is to provide everyone with the necessary energy at a low cost. Currently, applications are working as a beta-version in order to solve any bugs through the help of its users.
According to the project team, it is approaching the 10th generation with roughly 1 billion molecules formed.2561
Golem's GLM price has rallied 230% since the start of February, and on-chain data shows an uptick in active addresses and transfers.14026
More updates should be coming your way.10054
New research from decentralized CPU-sharing network Golem shows a concept for identity authentication using Proof of Device, based around Intel’s SGX technology.3406
Decentralized coronavirus research initiative Folding@Home has announced that 400,000 users are contributing to its platform.10940
Poland-based Golem Factory has spun off a new entity, the Golem Foundation, that is expected to increase the value of the entire project.5377
An Airbnb for computing power allows anyone to offer their spare computing resources to the highest bidder14697
Golem’s computer processor sharing network has gone live in beta as developers seek real-world testing.20843
Several Ethereum-based organizations have launched the Ethereum Community Fund, an initiative for funding Ethereum infrastructure advised by Vitalik Buterin.44167
Some interesting applications of tokens as a new way of digitizing assets.12800
What most promising altcoins of 2017 have in common?161858
The despair that gripped the crypto market last week appears to be over.43264
Nick Ayton reports on another exciting week in London, with Gibraltar rapidly becoming the most progressive center in EU, SpaceCoin going to Planet-1F, the real Satoshi appearing again.14815
Steem was one of the top contenders in the Crypto space until it started declining late last year, and was pushed back to the lower echelons. Now it’s back.17515