Theta Labs has launched EdgeCloud for Mobile, allowing users to contribute their smartphone GPU power as nodes to its decentralized network and earn TFUEL tokens.
According to a press release shared with crypto.news, EdgeCloud for Mobile aims to harness the computing resources of the approximately 3.9 billion active Android devices worldwide to support a decentralized cloud computing network.
Theta EdgeCloud is a hybrid cloud computing platform powered by DePIN that uses over 30,000 distributed nodes to deliver scalable and cost-effective GPU computing resources. As smartphones become increasingly powerful and capable of handling complex computations, the platform aims to leverage these capabilities.
Allowing smartphones to become part of its decentralized network of nodes means the platform will be able to “fundamentally transform the scale at which it operates,” according to Mitch Liu, co-founder and CEO of Theta Labs.
“By growing from 30,000 computing nodes to millions of mobile devices, this move significantly enhances the capabilities of our network,” Liu added. “Each device adds to the power of our distributed GPU.”
These devices will help with AI-based computations, such as detecting visible objects, by running small, parallel tasks. Theta Labs estimates that if 30,000 Android devices contributed their GPU power for just eight hours a day, they could generate 240,000 hours of computation in a single day.
The EdgeCloud mobile app, already available on the Google Play Store, gives users the flexibility to share resources only when the device is connected to wifi, ensuring minimal battery drain and data usage while contributing to the network and generating passive income.
Users receive TFUEL tokens, the native token of the Theta network, in exchange for committing their resources. At the time of writing, the altcoin’s value has risen by 98.8% over the past year.
The app will support any Android phone or tablet manufactured after 2020, without any geographic restrictions.
As crypto.news previously reported, Theta EdgeCloud has already secured several partners in academia who are using the platform’s resources for advanced AI research in areas such as media, healthcare, bioinformatics, and finance. Seoul Women’s University is the latest to benefit from the DePIN-powered network.
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