Suchflex Turns Idle Computing Power Into an Incentivized Network
Distributed computing firm Suchflex launched in August, promising to aggregate idle compute cycles from computers and offering incentives to network participants. Suchflex is a big believer in the decentralized economy and also supplies volunteer Bitcoin full nodes to its clientele. Suchflex Turning Idle Computing Power Into an Incentivized Distributed....
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The Bitcoin.com Podcast is out again! This week, Gavin Knight talks to Ivan Zone, CEO of Suchflex. Suchflex is a shared computing platform that pays users for their spare computing resources, with bitcoin and other cryptocurrency options. Rent Out Computing Resources for Money. Does your computer sit idle while you’re asleep? Do you have spare GPU cycles....
Suchflex, a desktop application that earns users passive income for sharing computational resources, has launched bitcoin full nodes, according to Medium. Users will have a choice of Bitcoin Unlimited, Bitcoin Core, Bitcoin Classic and Bitcoin XT nodes. Anyone with around 100 gigabytes of free disk space and an Internet connection will be able to install and run bitcoin full-nodes. To utilize Suchflex, users only have to download the app. Suchflex members are paid for their contributions with real currency, according to the Suchflex website. Contribute Power. Members choose whether to....
It's difficult to think of the huge computing power dedicated to Bitcoin and altcoin mining, much higher than the combined computing power of the 500 most powerful supercomputers on the planet, without thinking that perhaps all that computing power should be put to good use. The Bitcoin network can be thought of a distributed supercomputer dedicated to a single computational task - maintaining the Bitcoin system itself - which is a very useful task by itself. But there are many distributed computing projects, such as Folding@home and SETI@home, dedicated to important scientific tasks,....
In the wake of falling bitcoin prices, critics are asking a familiar question, "What makes a bitcoin valuable?" There is a misconception that the Bitcoin Blockchain can be separated from bitcoin the currency, individual units representing a portion of the Bitcoin network. If a Bitcoin was worth $0, then a Bitcoin miner has no incentive to allocate their computing power to the Bitcoin network. The incentive for allocating computing power to process Bitcoin transactions is a payout in Bitcoin, collected via transaction fees or block rewards and distributed proportionally based on computing....
Press Release: With an ever-increasing demand for computing power, PORT Network launches the first dApp to merge both Cloud and Volunteer computing on the blockchain. 28th June 2021, Düsseldorf, Germany – The demand for increased computing power is growing at an exponential rate. Industries such as IoT, Pharmaceutical, AI, 3D Image Processing and Deep Learning […]