![Golem releases laptop app to mine Ethereum … but turning a profit is tricky](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDkvODAwNjY1MjEtMzVkOS00NzliLWE4YmYtMmM1NjNhYWRkY2ZiLmpwZw==.jpg)
Golem releases laptop app to mine Ethereum … but turning a profit is tricky
Mining Ethereum on a home PC can be done, but profits will be few and far between. The Golem Network has launched an app that allows users to mine Ethereum on their laptops, but it could be a long time before riches can be reaped.The decentralized computing resources sharing platform released the Thorg app that allows users to mine Ethereum on Windows-based PCs and laptops.The app runs in the background and harnesses unused computing power to process the calculations required for proof-of-working mining. Users are rewarded in Golem’s native GLM token however, and not Ethereum.The system....
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Decentralized global market for computing power, Golem, has announced that its Golem Network Token (GNT) crowdsale will begin on Nov. 11. The announcement claims that the token is a crucial element of the Golem network, and is designed to ensure flexibility and control over the future evolution of the project. Eddy Azar of Golem Project, tells Cointelegraph that the network, which will kick off fully in about six months time, shall be available for any computer to connect to by simply downloading a given program. The Promise of a Supercomputer. Golem has been described by its creators as a....
A bug discovered last month could have potentially emptied exchange accounts holding digital tokens used to power the ethereum-based distributed application Golem. However, due to the nature of the bug, it could also have been used on other ethereum tokens listed at the exchange. That's because it used the platform's ERC-20 standard, a feature that has won advocates in the exchange sector due to its ability to reduce the time it takes exchanges to add new coins. However, a Golem supporter and a GNT holder found the bug on 18th March and reported it to the developer team before it could be....