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RNDRUSD

Render

RNDRUSD
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6.960USD

-0.062-0.88%

Today

-0.88%

1 Week

0.00%

1 Month

0.00%

6 Months

-33.94%

Year to Date

+48.27%

1 Year

+338.01%

View Detailed Chart

Key Data Points

Opening Price

7.02

Previous Closing Price

7.022
Price Range of the Day
6.7757.181
52-Week Price Range
0.0006.960

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Info of Render

What makes Render unique?up
Render is a decentralized GPU rendering network built on the Ethereum blockchain. This allows it to provide a distributed and scalable rendering solution, connecting artists and studios in need of GPU compute power with miners/providers willing to rent out their GPU capabilities. Render uses a combination of manual and automatic "proof-of-render" verification to ensure all art is successfully rendered before payment is disbursed to the node operators. The RNDR token is used as the utility token for artists to exchange for GPU compute power on the network.
How does Render solve the problem?up
Render solves the problem of providing a scalable and cost-effective GPU rendering solution for artists and studios. Traditional centralized rendering services can be expensive and have limited capacity. Render's decentralized network allows artists to access a distributed pool of GPU resources on-demand, paying only for the rendering power they use with RNDR tokens.
Can RNDR be mined?up
RNDR cannot be mined in the traditional sense. The RNDR token approach allows individual GPU providers/miners to earn RNDR tokens by renting out their GPU compute power to artists on the Render network. This is done through a "proof-of-render" verification system, rather than traditional proof-of-work mining. So while RNDR tokens cannot be mined, they can be earned by participating as a node operator on the Render network.

Render

6.960

-0.062-0.88%