Ethereum

Thorg Desktop App Makes Ethereum Mining Easy

The Thorg desktop app makes Ethereum mining pretty easy and it’s a free PC app on the Golem NETwork that pays users with Golem GLM tokens as we read more on the latest Ethereum news mine.

There are millions of ETH mining machines running at the same time and this helps ensure network security and validation of transactions in exchange for change to earn some ETH, but to make mining even more profitable, most people need expensive hardware with a lot of computing power . Golem Network is an ETH-based platform for sharing unused computing power and has a small solution for everyone who wants to contribute to the network without participation. Today it even launched Throg, a free crypto mining app for PCS.

It was originally designed for gamers and others like miners with very powerful computers, but Golem promises that the app will support even more machines in the near future. While there are other ways to mine ETH on home computers, leveraging the Golem network can help expand your resources without hardware equipment. Golem’s CEO Piotr Januik said:

“Since this is not a regular mining or mining program, but a further suggestion that is geared towards idle machines and their computing power, there is so far no direct competitor.”

GLM is similar to Filecoin, is a decentralized network that allows anyone to sell and buy computer storage using the Fil token, but instead of storing it, it makes it easier for holders to buy and sell. The computer is no longer used. For example, if you play a game and have extra power to share during the day, you can get compensation in GLM. Thorg uses Polygon, a Layer 2 scaling solution, to make payments easier and avoid the high fees associated with Ethereum. This leads to an indirect path for ETH mining as Thorg users receive GLM for their work.

https://twitter.com/MineWithThorg/status/1441056417901854726?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener

(Thorg Desktop) This should be fine for people who aren’t really interested in getting ETH and want a low-intensity method of monetizing crypto. Januk says:

“Thorg is ditching the Golem platform as this mining use case opens up new and exciting avenues for creating a healthy and efficient marketplace by providing additional tools to optimize revenue. passive.”

Golem’s market cap has grown over the past year and is currently at $ 500 million, with the token being valued at nearly $ 0.50.

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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