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Supercomputing Organized by Network Mining (SONM) in Blockchain - GeeksforGeeks

SONM is a system that uses blockchain technology to distribute worldwide computing power. It allows buyers to access computing resources directly from sellers without intermediaries. SONM aims to build a supercomputer network by utilizing unused computing resources from individual computers and data centers. Users can access powerful computing capabilities through SONM at lower prices than traditional cloud computing or supercomputer networks. The platform uses its SNM cryptocurrency token on the Ethereum blockchain to facilitate transactions between resource providers and consumers.

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0% found this document useful (0 votes)
33 views

Supercomputing Organized by Network Mining (SONM) in Blockchain - GeeksforGeeks

SONM is a system that uses blockchain technology to distribute worldwide computing power. It allows buyers to access computing resources directly from sellers without intermediaries. SONM aims to build a supercomputer network by utilizing unused computing resources from individual computers and data centers. Users can access powerful computing capabilities through SONM at lower prices than traditional cloud computing or supercomputer networks. The platform uses its SNM cryptocurrency token on the Ethereum blockchain to facilitate transactions between resource providers and consumers.

Uploaded by

Edward
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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3/21/24, 6:56 PM Supercomputing Organized By Netw ork Mining (SONM) in Blockchain - GeeksforGeeks

Supercomputing Organized By
Network Mining (SONM) in
Blockchain
Supercomputing Organized by Network Mining (SONM) is a system for global operations and a network that was based on the
Ethereum blockchain to distribute worldwide computing power. It aims to let buyers interact directly with sellers with no
intermediator. The article focuses on discussing Supercomputing Organized by Network Mining (SONM) in detail. The following
topics will be discussed here:

1. What is SONM?
2. Features of SONM
3. Who Founded SONM
4. How does SONM Works?
5. Client’s Perks
6. Miner’s Perks
7. SNM Wallet
8. SNM Cryptocurrency Mining
9. Risks Associated with Investing in SNM
10. Where does SONM stand when Compared to Golem?

Let’s start discussing each of these topics in detail.

What is SONM?
SONM is an ambitious project that wants to turn mining computers into the nodes of a worldwide supercomputer that is able to
tackle demanding, resource-intensive computing tasks of any nature.

SONM is a supercomputer built on Ethereum that offers worldwide distributed computing power.
Cloud computing has been expanding quickly over the past ten years.

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3/21/24, 6:56 PM Supercomputing Organized By Netw ork Mining (SONM) in Blockchain - GeeksforGeeks

SONM wants to go beyond cloud computing and enter the ETH and Blockchain markets.
it wants the user to connect to other devices freely like Bluetooth.
Through SONM anyone can possess the power and capabilities of a supercomputer.
It eliminates the need for administration, infrastructure, and buildings because computer power is decentralized.
For those that need it, this offers easier access to computing power at a lower price.
SONM seeks to make life easier for anyone who wants access to supercomputers, whether they want to access government or
academic organizations that have them.

Resources for SONM are drawn from a variety of sources rather than only data centers, such as individual users’ computers and
data centers (selling excessive powers). The SONM platform uses the token of the same name SONM (ticker SNM) on the
Ethereum Blockchain.

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