{"id":94846,"date":"2024-09-25T20:45:02","date_gmt":"2024-09-26T00:45:02","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=94846"},"modified":"2024-09-25T20:47:18","modified_gmt":"2024-09-26T00:47:18","slug":"theta-labs-launches-smartphone-gpu-tfuel-token-mining-tool","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/theta-labs-launches-smartphone-gpu-tfuel-token-mining-tool\/","title":{"rendered":"Theta Labs Launches Smartphone GPU TFUEL Token Mining Tool"},"content":{"rendered":"\n<p>Theta Labs enables users to contribute the GPU power of their smartphones as nodes in a decentralized network in exchange for <a href=\"https:\/\/coinscreed.com\/staging\/web-3-0-and-the-most-popular-tokens-to-watch-in-2022.html\" target=\"_blank\" data-type=\"post\" data-id=\"16312\" rel=\"noreferrer noopener\">TFUEL tokens<\/a>.\u00a0<br><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/09\/croc_1727310625448-1024x576.jpeg\" alt=\"Theta Labs Launches Smartphone GPU TFUEL Token Mining Tool\" class=\"wp-image-94847\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/09\/croc_1727310625448-1024x576.jpeg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/09\/croc_1727310625448-300x169.jpeg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/09\/croc_1727310625448-768x432.jpeg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/09\/croc_1727310625448-860x484.jpeg 860w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/09\/croc_1727310625448.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Theta Labs Launches Smartphone GPU TFUEL Token Mining Tool<\/figcaption><\/figure>\n\n\n\n<p>In order strengthen its decentralized cloud computing network, EdgeCloud for Mobile intends to leverage the processing power of the approximately 3.9 billion active Android devices globally. <\/p>\n\n\n\n<p>With the help of more than 30,000 dispersed nodes, Theta EdgeCloud is a hybrid cloud-edge computing infrastructure driven by DePIN that provides scalable, reasonably priced <a href=\"https:\/\/coinscreed.com\/staging\/fetch-ai-invests-100m-in-fetch-compute-program-for-gpu-rewards.html\" target=\"_blank\" data-type=\"post\" data-id=\"72928\" rel=\"noreferrer noopener\">GPU computing resources<\/a>. <\/p>\n\n\n\n<p>The platform seeks to take advantage of smartphones' growing power and capability to do intricate calculations. <\/p>\n\n\n\n<p>Theta Labs co-founder and CEO Mitch Liu claimed that the platform would be able to &#8220;fundamentally transform the scale&#8221; at which it functions if smartphones were allowed to join its <a href=\"https:\/\/coinscreed.com\/staging\/deutsche-telekom-partners-with-subsquid-decentralized-network.html\" target=\"_blank\" data-type=\"post\" data-id=\"83351\" rel=\"noreferrer noopener\">decentralized network<\/a> of nodes.\u00a0Liu added:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>By growing from 30,000 PC nodes to potentially millions of mobile devices, this move significantly boosts our network's capabilities. Each device adds to our distributed GPU power&#8221; <\/p>\n<\/blockquote>\n\n\n\n<p>These devices will conduct modest, concurrent jobs to help with AI computations, such as video object detection. <\/p>\n\n\n\n<p>According to Theta Labs, 240,000 hours of computing labor may be produced in a single day if just 30,000 Android smartphones use their GPUs for eight hours each day. <\/p>\n\n\n\n<p>Users can share resources only when their device is plugged in or connected to a wifi network with the EdgeCloud mobile application already available on the <a href=\"https:\/\/coinscreed.com\/staging\/trust-wallet-restored-on-google-play-store-after-removal.html\" target=\"_blank\" data-type=\"post\" data-id=\"77636\" rel=\"noreferrer noopener\">Google Play Store<\/a>. <\/p>\n\n\n\n<p>This feature ensures that battery drain and data usage are kept to a minimum while also contributing to the network and earning passive income. <\/p>\n\n\n\n<p>For investing their resources, users receive TFUEL tokens, the native token of the Theta Network. The altcoin was up 98.8% year over year as of publication. With no geographical limitations, the app will work with any Android phone or tablet made after 2020. <\/p>\n\n\n\n<p>Theta EdgeCloud has already signed a number of academic partners to use the platform's resources for <a href=\"https:\/\/www.forbes.com\/councils\/forbesbusinesscouncil\/2023\/11\/01\/beyond-generative-ai-four-cutting-edge-ai-advancements-primed-to-transform-businesses\/\" target=\"_blank\" rel=\"noreferrer noopener\">cutting-edge AI research<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> in industries including media, healthcare, bioinformatics, and finance. Seoul Women's University was the most recent institution to join the DePIN-powered network.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Theta Labs enables users to contribute the GPU power of their smartphones as nodes in a decentralized network in exchange for TFUEL tokens.\u00a0 In order strengthen its decentralized cloud computing network, EdgeCloud for Mobile intends to leverage the processing power of the approximately 3.9 billion active Android devices globally. With the help of more than [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":94847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[22067,22065,22066],"class_list":["post-94846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-mining-tool","tag-tfuel-token","tag-theta-labs"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/09\/croc_1727310625448.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/94846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=94846"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/94846\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/94847"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=94846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=94846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=94846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}