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Cryptocurrency News Articles

Spheron Launches Fizz Nodes, Expanding Accessibility to Its Decentralized Compute Network

Oct 01, 2024 at 09:02 pm

Spheron, a decentralized platform harnessing compute resources, has announced the launch of Fizz Nodes, allowing users to participate in the Spheron network and earn rewards by providing computational resources to deploy AI workloads on the edge.

Spheron Launches Fizz Nodes, Expanding Accessibility to Its Decentralized Compute Network

Singapore, Singapore, 1st October, 2024, Chainwire

Spheron, a decentralized platform harnessing compute resources, has announced the launch of Fizz Nodes, allowing users to participate in the Spheron network and earn rewards by providing computational resources to deploy AI workloads on the edge, without the rigorous reliability requirements of traditional provider node.

Fizz Nodes offer a more accessible way for individuals to participate in the decentralized network by providing GPU and CPU resources, while adhering to a more flexible uptime standard, providing compute resources to handle AI workloads on the edge. Users’ Fizz Nodes are rewarded based on the resources they contribute and their uptime. Earnings potential varies based on demand and resource utilization, with direct rewards and IDLE rewards providing various revenue opportunities.

Liveness rewards, issued in Spheron Points, are calculated every 24 hours and are based on the quality of the resources provided. A minimum of 50% uptime within each ERA (24-hour period) is required to receive rewards. Additionally, operators can earn directly from users who lease their compute resources, with most of the leasing fees going to the node operators after network costs are deducted.

“Introducing Fizz Nodes means there is a more streamlined approach available to users to participate in our platform, providing valuable compute resources while meeting a lower standard of uptime compared to traditional provider nodes,” said Prashant Maurya, Co-founder of Spheron. “We believe this new offering will enhance the scalability and efficiency of our network, while empowering a broader range of contributors to benefit from our ecosystem.”

Spheron has launched its new offering with a Fizz Node Leaderboard, enabling operators to manage nodes easily. Users can monitor their node’s uptime and performance, view and withdraw earnings from both liveness rewards and direct user leases, and adjust their node’s settings and resource offerings.

Currently, Fizz Nodes are supported on MacOS and Linux, with Windows support expected in the near future. The setup process involves registering the node on the Spheron network and configuring it through a straightforward guide. Operators will then use the Leaderboard to track their node’s activity and earnings.

For further details on setting up a Fizz Node and participating in the Spheron network, visit here.

About Spheron

Spheron is a decentralized platform designed to harness compute resources across the globe, enabling users to participate in a cutting-edge network flexibly and efficiently to deploy AI workloads on the edge at scale. Its Decentralized Compute Network (DCN) creates a secure and seamless ecosystem by connecting retail-grade GPU suppliers and data centers to provide users the compute power needed for workloads.

Website | Fizz node | X | Github | Discord | LinkedIn | YouTube

Contact

Co-Founder

Prashant Maurya

info@spheron.network

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