Crypto & Digital Assets
Edge Network’s New Self-Onboarding Simplifies Monetisation Of Spare Computing Capacity
17 Sept 2019
Monetising spare computing capacity has been made simpler by Edge Network (Edge) who have launched the ability to easily self-onboard computing devices to their network and become a part of the future of the cloud.
The Edge Network is basically a peer-to-peer serverless infrastructure, powered by blockchain technology. Individuals and businesses are already a part of Edge and earning Edge tokens. These tokens – called ERC20 token ($EDGE) – are an integral part of the Edge network. Consumers are charged tokens for their usage of network services, while contributors can earn them by contributing spare computational power.
With 271 nodes in over 60 countries, growing at a rate of about 10 each day and self-onboarding now live, Edge is expecting more nodes to drive the growth of the network, allowing more people to benefit from monetising their spare computing power within devices.
Joseph Denne, CEO and Co-Founder of Edge Network said: “Edge has now made it quicker and easier to join our secure global network and start earning for committing spare computing capacity. Anyone with the minimum spec computer can seamlessly own and become part of the future of the cloud, earning money in return for connecting their device, which then serves as a node within the network.
“As the Internet of Things (IoT) and amount of data proliferates over the coming years, networks such as Edge will be needed to meet the future computing demands of processing such huge amounts of data.”
The Edge Network has been built to complement and even replace existing cloud-based technologies such as Microsoft Azure and Amazon AWS, with its global reach providing high performance, low cost and secure edge computing infrastructure. Edge computing is anticipated to grow significantly alongside traditional clouds as 29 billion connected devices are expected to be in operation by 2022 and over 75 billion IoT devices by 2025 worldwide.
