Theta Labs Launches EdgeCloud for Mobile, Allowing Users to Contribute Their Smartphones' GPU Power as Nodes in Its Decentralized Network and Earn TFUEL Tokens

Theta EdgeCloud is a DePIN-powered hybrid cloud-edge computing platform that utilizes over 30,000 distributed nodes to offer scalable

Theta Labs has announced the launch of EdgeCloud for Mobile, enabling users to contribute their smartphones’ graphics processing unit (GPU) power as nodes in its decentralized network and earn TFUEL tokens in return.

In a press release shared with crypto.news, the platform revealed its plans to leverage the computing capabilities of the roughly 3.9 billion active Android devices around the world to bolster its decentralized cloud computing network.

Theta EdgeCloud is a decentralized peer-to-peer (DePIN)-powered hybrid cloud-edge computing platform that utilizes over 30,000 distributed nodes to offer scalable, cost-effective GPU computing resources. As smartphones have become increasingly powerful and capable of handling complex computations, the platform now capitalizes on these capabilities.

According to Mitch Liu, co-founder and CEO of Theta Labs, by allowing smartphones to become a part of its decentralized network of nodes, the platform will be able to “fundamentally transform the scale” at which it operates.

“As we grow 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,” he added.

These devices will assist with artificial intelligence (AI) computations, such as video object detection, by running small, parallel tasks. Theta Labs estimates that if a mere 30,000 Android devices contribute their GPU power for just eight hours a day, they can generate 240,000 hours of computational work in a single day.

The EdgeCloud mobile application, already available on the Google Play Store, gives users the flexibility to only share resources when the device is plugged in or connected to a Wi-Fi network, ensuring minimal battery drain and data usage while contributing to the network and generating passive income.

In exchange for committing their resources, users will get TFUEL tokens, the native token of Theta Network, which was trading at $0.0002304 at press time, according to data from CoinGecko. At press time, the altcoin was up 98.8% over the past year.

The application will support any Android phone or tablet manufactured after 2020, and there are no geographic restrictions on where users can be located to participate in the network.

As previously reported by crypto.news, Theta EdgeCloud has already secured several partners in academia that utilize the platform’s resources for advanced AI research across fields like media, healthcare, bioinformatics, and finance. The latest to tap into the DePIN-powered network was the Seoul Women’s University.