Mining Ethereum Easy to Use Latest Desktop Application

source image: freewallet.org

Thorg's name. This is a free Ethereum mining app for PC on the Golem Network. Users are paid not in ETH, but in GLM Golem tokens.

At any one time, there were millions of machines mining Ethereum then contributing to the security of the network. It is security that validates transactions in exchange for the opportunity to earn some Ethereum.

But to make mining a profit, most people need expensive hardware with a lot of computing power.

Golem Network, this Ethereum-based platform will share unused computing power with users.

They provide a small solution for anyone who wants to contribute to the network without having to 'try hard'.

Although made for gamers or miners who already have a home computer with a strong network, Golem promises its application will reach more users by supporting more types of machines in the near future.

While there are other ways to passively mine ethereum on a home computer, leveraging the Golem Network can help users quickly increase resources without having to fill their space with hardware.

“Since this is not an ordinary miner or mining scheme, but a different proposal to the unused machines and their computing power, so far there are no direct competitors,” said Golem Network CEO, Piotr Janiuk.

There is also another innovation, namely Golem analogous to Filecoin. It is a decentralized network that allows people to sell and buy computer storage via FIL tokens.

It's just that, instead of storage, Golem facilitates the buying and selling of computing power that shouldn't be used.

If the user is a gamer by night and has extra power to share during the day, they can get compensated in Golem tokens, GLM, for renting them out.

Thorg also uses the Polygon option, a layer-2 scaling solution used to facilitate payments, thus avoiding the high fees associated with Ethereum.

And as the product page notes, if users want to move GLM from Polygon to Ethereum, they will have to pay a fee in Polygon's native MATIC token to cover the cost.

However, that's fine for those who don't want to accept ETH and just want a low-intensity way to generate crypto income.

“Thorg is leveraging the Golem platform as this mining use case opens up new and exciting ways to create a healthy and efficient marketplace by providing additional tools for optimizing passive income.” Janiuk said in a press release.

And to date, Golem's market cap has more than quadrupled in the last year and reached just $500 million. The token is priced close to $0.50.