What does distributed cloud computing mean (the connection and difference between distributed computing and cloud computing)

08/15/2023 10:03 • AI Insights • 65 views

What does distributed cloud computing mean? According to the calculation power intelligence database, most domestic distributed cloud computing companies currently adopt a “one-stop mining” approach, which does not provide cloud mining services for hardware. However, due to the strong competitiveness, high costs, and technical difficulties in traditional industries, some companies have chosen a “one-stop” mining solution. There are two main ways that these types of companies profit: one is to invest for users through third-party hosting, and the other is to purchase power equipment and software to generate revenue.

It is understood that “distributed cloud computing” refers to a new type of Bitcoin network service launched by a high-tech startup called Fenghua Technology. It relies on the computing power resources (such as quotation systems) provided by a well-known company to conduct mining, and it is aimed at individual investors. It can help users obtain higher investment returns and reduce risks.

The connection and difference between distributed computing and cloud computing

Distributed computing is a blockchain network based on mathematical algorithms, which can store and process data on different nodes. It generates a specific result and records it by weighing and averaging the transactions in each block. This is a special type of proof-of-work system which works similarly to the software used by CPUs or GPUs in traditional computers, but it requires a large amount of computational power to execute operations.

Compared with cloud services, distributed artificial intelligence (AI) has higher data throughput, greater scalability, and better security, among other features. In addition, the developers of cloud services also face competition from different industries, all of which are striving to develop their own technological solutions.

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