Home Altcoins News Mining with Thorg is the first mining app from Golem Network (GLM)

Mining with Thorg is the first mining app from Golem Network (GLM)

Mining with Thorg is the first mining app from Golem Network (GLM)

Golem Network is flexible, open-source platform for democratized access to digital resources. You can rent your idle resources and get paid in tokens.

Mining with Thorg is the first mining app powered by Golem Network.

Mine with your GPU while computing tasks on the Golem Network with your CPU, and earn GLM for both actions. No powerful graphic card? CPU mining is coming soon to Thorg, so stay tuned.

It is reliable, because, the Thorg miner app, powered by Golem Network, is built only with secure and previously tested modules. Golem Factory has a proven and long track record of delivering secure software.

Thorg and Golem Network’s payment modules are built on Ethereum’s Layer 2, meaning that the payouts are fast and cheap. You own your funds and your in-app wallet. You can also use an external one.

Thorg miner is not charging any fees. So in other words, you will earn the same or similar amount if you would connect directly to the mining market they are connecting Thorg to. Thorg’s advantages over direct connection are easy setup, smooth UX, alongside faster and almost immediate payments showing up on your account.

There is a chance that you have heard that Ethereum network fees are quite high. High to the point that there are use cases for which the network at its current state is unusable. That’s why they have decided to implement much cheaper, faster and way more usable layer 2 payments as a main payment system in the Thorg miner.

Getting started with Thorg should take only a few minutes. The basic steps are to download and run through the Thorg installer along with opening Thorg for the first time to set up a wallet, followed by a quick benchmark, and then you will be ready to start mining with Thorg! While the start-up process should be super easy, at some point you will also want to learn more about Thorg payments, how to interact with your earnings, and what they are.

The simple things about payments are:  Who has access to the wallet that payments go into? What is being paid to you in return for your computation? Golem Network Token, GLM, is an Ethereum-based cryptocurrency used in the P2P marketplace for computation on the platform. This is the backbone of Thorg and hence why the payments are in GLM.

Where are these payments going? GLM will be sent to the Wallet that you create or to the wallet that you already own and integrate to the network.

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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