Geek Culture
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Geek Culture

Is the Golem (GLM) Network making money from Computing Power? — Market Mad House

The Golem (GLM) Network is a blockchain designed to monetize computer power by enabling users to sell or lease idle computer space. In other words, to allow ordinary people to host applications, databases, projects, and networks on their computers.

The hope is that individuals and organizations that need more computer power will rent that computing power on Golem’s blockchain with the Golem (GLM) ERC-20 (Ethereum request for comment) token. The GLM replaced Golem’s earlier token, the GNT in…

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Daniel G. Jennings

Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.