Golem Network has launched an app that allows users to mine Ether (ETH) on their laptops, merely information technology could be a long time before riches can exist reaped.

The decentralized calculating resource sharing platform released the Thorg app that allows users to mine Ether on Windows-based PCs and laptops.

The app runs in the background and harnesses unused computing power to process the calculations required for proof-of-working mining. Users are rewarded in Golem's native GLM token, however, and non ETH.

The system runs on layer-two aggregator Polygon, which alleviates any heavy transaction fees associated with the ERC-20 GLM token. Information technology creates "shares," which are batched computing tasks that are collected and used to mine Ether.

Golem CEO Piotr Janiuk said that Thorg was designed to increment adoption of Golem Network by allowing users to earn passive income on their own computers.

The minimum requirements for running the app are the Windows 10 operating system, and a vi gigabyte or greater graphics card, which only high-end gaming laptops will have.

Those thinking that this could be an like shooting fish in a barrel way to make a mint by mining at home may have to think once again. A 6GB graphics card will produce a hash charge per unit of around 26 megahashes per second, according to review websites. Taking this and average desktop PC power consumption of around 600 watts into consideration for a hypothetical case, profits from mining Ether on a PC could yield around $0.06 per day, or take more than a fortnight to make $i, according to mining calculators.

There are many variables, nonetheless, such as the specific computer hardware, power consumption and cost of electricity, and then this is merely one theoretical example, and results may vary.

Related: ETH mining still highly profitable despite upcoming Eth2 upgrade

The calculations also do not business relationship for the price of loftier-terminate graphics cards, which are extremely expensive at the moment due to the need and global scrap shortage. The announcement did state that a loftier-end GPU was non necessary for all users.

"In instance y'all don't have a high-terminate GPU, y'all can however use the Golem Network to compute tasks and earn GLM."

At the fourth dimension of writing, Golem'southward native token was trading down i.5% on the solar day at $0.475 according to CoinGecko. GLM is currently downwards 64% from its $one.32 all-time high in April 2022.