Sonm provides cloud services based on distributed customer-level hardware including computers, mining equipment, and servers. Users can rent out your hardware or use someone else’s computing power for their needs. The SNM token is an internal currency in the Sonm computing power market. With SNM, users can access resources provided by Sonm.
What is SONM (SNM)?
Sonm helps hardware owners rent out their resources and provide affordable computing power to the world. The main users of Sonm are clients and suppliers. Clients can choose any lease duration or computer architecture they need for their projects and determine the cost themselves. Suppliers, on the other hand, are resource owners. They can earn tokens by selling peer-to-peer computing power to customers to launch their applications.
According to the platform’s statements, many people may need extensive computing power without the financial means or resources to buy or rent a supercomputer or set up a server cluster. These individuals, or Clients, can use the SONM platform and rent tremendous computing resources peer-to-peer and securely over the blockchain.
SONM allows individuals with powerful computer setups to utilize their machines’ full scope and generate value for themselves. SNM does this by providing a platform where people can use their resources for real-world tasks and be rewarded peer-to-peer and securely.
In addition, SONM uses an innovative methodology called fog computing to access a decentralized network of computing resources. Fog computing uses a multitude of distributed nodes that communicate and collaborate globally in a peer-to-peer manner to share and amalgamate resources and computing power to run applications. This differs from cloud computing, which typically involves a centralized server farm consisting of specialized machines providing computing and storage resources.
Where to Buy SNM Coin?
SNM Coin can be quickly and safely purchased through Binance, the world’s largest cryptocurrency trading platform by transaction volume.
To buy SNM Coin, you first need to sign up for Binance and then send fiat money. After sending a fiat currency like Turkish Lira or dollars, a purchase transaction can be made in the Bitcoin (BTC) SNM trading pair where SNM Coin is traded.
In addition, on Binance, users can place a buy order not only at the market price but also at a lower value. For this, you just need to use the Limit tab and enter the amount and price you want to buy.
