That's definitely not fresh idea, many such automated systems are already exsiting, but still I think they are not good enough and that's why new projects are appearing. Arbitao has some unique features and it can become the main arbitrage platform
Well the feature surprised me is that users can just contribute computing power to the platform itself... but actually it sounds kinda fishy, just wonder how it is supposed to work
I don't get it fully too but the more computing power they have the more efficient the platform becomes. I mean there will probably be more possibilities for trading and you can earn more if the system is stronger)
Okay then how many people should contribute so that the platform become faster than competitors? What hashrate they plan to get? For example one with a mine farm can contribute far more than a thousand ordinary users

How can hashrate help with trading and arbitrage?
Hashrate will let us process enormous amounts of data which we need for analysis and introduction of new arbitrage strategies.
As we are striving to decentralize the system, we chose this method instead of the cloud solution. Additionally, this means lowering the computing power costs and more opportunity for the Arbitao community to gain profits. So, its a win-win situation.
If you are interested more in the scientific part of this, please check out the following website:
https://www.orbatao.com/, which is a part of the Arbitao project, and where more publications will soon be added.