Theta Labs has launched EdgeCloud for Mobile, allowing users to contribute their smartphonesβ GPU power as nodes in its decentralized network and earn TFUEL tokens.
EdgeCloud for Mobile aims to harness the computing resources of the roughly 3.9 billion active Android devices worldwide to bolster its decentralized cloud computing network. Theta EdgeCloud is a DePIN-powered hybrid cloud-edge computing platform that utilizes over 30,000 distributed nodes to offer scalable, cost-effective GPU computing resources. With smartphones becoming increasingly powerful and capable of handling complex computations, the platform aims to capitalize on these capabilities.
Transforming Decentralized Cloud Computing
According to Mitch Liu, co-founder and CEO of Theta Labs, by allowing smartphones to become a part of its decentralized network of nodes, the platform would be able to fundamentally transform the scale at which it operates.
βBy growing from 30,000 PC nodes to potentially millions of mobile devices, this move significantly boosts our networkβs capabilities. Each device adds to our distributed GPU power,β Liu added.
These devices will assist with AI computations, like video object detection, by running small, parallel tasks. Theta Labs estimates that if a mere 30,000 Android devices contribute their GPU power for just eight hours a day, they can generate 240,000 hours of computational work in a single day.
How Users Can Participate
The EdgeCloud mobile application, already available on the Google Play Store, gives users the flexibility to share resources only when the device is plugged in or connected to a WiFi network. This ensures minimal battery drain and data usage while contributing to the network and generating passive income.
Users receive TFUEL tokens, the native token of Theta Network, in exchange for committing their resources. At press time, the altcoin was up 98.8% over the past year.
The application supports any Android phone or tablet manufactured after 2020, with no geographic restrictions.
Expanding Partnerships and Use Cases
Theta EdgeCloud has already secured several partners in academia that utilize the platformβs resources for advanced AI research across fields like media, healthcare, bioinformatics, and finance. The latest to tap into the DePIN-powered network was the Seoul Womenβs University.
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