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UK and Swiss based gaming and blockchain company, GAIMIN.IO Ltd has developed a PC-based platform to create a global, decentralised data processing network with “supercomputer” level performance. The GAIMIN platform utilises underused processing power available from high performance GPUs and rewards users in its own cryptocurrency, GMRX, for participation in the GAIMIN data.

Why is the GAIMIN platform needed?

The Digital Revolution has created a large number of new industries, each with their own ever increasing demand for processing data. The powering of blockchain computations is one example. Within the cryptocurrency industry, this is commonly known as mining. With an increasing number of daily blockchain computations requiring increasingly more difficult computations and calculations to validate and close transactions, the demand for processing capability and computing power is ever increasing.

Other industries, such as video and CGI rendering, scientific computing simulations, AI intensive applications and life science analytics, are creating an increasing demand for processing power. These industries acquire, process, analyse and output data from multiple sources and require timely and accurate data for processing.

Emerging requirements for Data Processing

Global reliance on the digital ecosystem requires adoption of technologies that deliver cost effective, timely and reliable processing of transactions. The process must be secure and transparent ensuring the integrity of the transaction. Large scale data processing must deploy solutions that validate the integrity and security of the transaction, whilst providing an element of visibility that validates transparency whilst maintaining the confidentiality of the transaction originator and recipient.

The Problem with Centralised Data Processing Centres

Large, centralised data processing centres are one solution however these are not without their own risks and issues – they impact the local environmental and ecology, their physical footprint is limited, they are at risk from terrorism and natural disasters, energy consumption for operation, cooling and ventilation is considerable and impacts local energy capacity and they typically consume large amounts of fossil fuel.

More importantly, centralised data centres are not ideal for some new industries and technology applications. Sophisticated new technologies, such as the powering of blockchain computations, require a different solution – a distributed network of global processing power.

The Benefits of Decentralised Data Processing

Technology solutions are available to deliver secure and transparent services to industries however the biggest barrier is access to processing power. Centralised data processing centres are one solution but are not without their risks and issues; a decentralised data processing solution mitigates the issues and risks associated with centralised operations.

A company with a solution to decentralise processing power, harnessing a global availability of underutilised processing devices, creating a scalable solution as demand grows and falls whilst delivering rewards to all stakeholders will significantly benefit from this global problem.

The GAIMIN Solution

GAIMIN has identified a source of available processing power, capable of being harnessed into a supercomputer-level data processing network, delivering the capability needed to process large amounts of data.

This source of untapped processing power is found in PC-based gaming computers. The gaming industry is the largest and growing entertainment industry on the planet today. With 3.3 billion gamers worldwide by 2024 and 20% being PC-based gamers, there will be 600m gamers worldwide with high performance PC’s. Gamers desire the ultimate gaming experience and build their gaming devices with the most highly performing components, more specifically CPUs and …….

Source: https://news.bitcoin.com/gaimin%E2%80%A4io-developed-a-pc-based-platform-to-create-a-global-decentralized-data-processing-network/