According to BlockBeats, on August 21, Network3's first batch of N3 Edge V1 miners sold out within seconds of going on sale. The initial batch was limited to 3,000 units. Preparations for the second batch are currently underway, and users can visit the official website to apply for the reservation list for the next batch of miners.

This marks Network3's first venture into selling physical mining machines. Purchasing these miners can enhance the efficiency of mining Network3 tokens. Additionally, the N3 Edge V1 miners are integrated with IoTeX's on-chain identity module ioID and data verification module, allowing users to mine IoTeX's native token, IOTX, simultaneously.

Network3 has already secured $5.5 million in pre-seed and seed round funding, and the next round of financing has commenced with several leading institutions confirming their participation. The company has also initiated the process of listing on exchanges.