I believe that those who have run #IO should have made some money. I am still mining now, and many people have already left. Now there are more rewards, so I am more excited to mine. As long as the price of the currency remains stable, I can continue to make money.
Macos mining tutorial: https://docs.io.net/docs/install-on-macos
Windows mining tutorial: https://docs.io.net/docs/install-on-windows
Project Overview
io.net is a pioneering decentralized GPU DePIN (Decentralized Physical Infrastructure Network) computing network that provides decentralized GPU cloud services for application scenarios such as AI, rendering, gaming, ZK (zero-knowledge proof) and verification nodes. By aggregating GPU resources from independent data centers, crypto miners and individual participants, io.net uses leading distributed cluster technology to enable decentralized computing power to be used for complex tasks such as AI training and reasoning. Currently, io.net has more than 200,000 GPUs that have passed computing power authenticity verification, including more than 20,000 professional AI graphics cards (such as A100, H100, L40S), making it the DePIN project with the most computing power in the Web3 field.
$IO Tokens: Governance and Utility
#IO is the governance and utility token of io.net, marking the growth of the largest GPU DePIN platform currently. io.net has completed two rounds of private financing, led by Multicoin Capital and Hack VC respectively. $IO tokens were first launched on Binance on June 11, 2024. It is expected that in the third quarter of 2024, the IO Foundation will launch $IO staking, requiring GPU nodes to stake $IO as a guarantee of hardware stability and quality, thereby further improving the quality of network hardware and enriching the use cases of $IO tokens.
Strong community and ecosystem
io.net has an active community. In three rounds of airdrops, more than 1 million Solana wallets have received IO token rewards, including GPU contributors, community supporters, Galaxy and Discord community members, etc. Currently, there are a large number of IO ecological projects under construction, including computing power tokenization, AI technology stack based on decentralized computing power network, DePINFi project based on $IO staking mechanism, etc.
Future potential and opportunities
1. The impact and future potential of the first issuance of $IO Coin
io.net completed the first token launch (TGE) on Binance Launchpool on June 11, marking the project's official entry into the global arena. In the future, the io.net ecosystem and $IO tokens will show great potential and opportunities:
Expansion of the global computing power market: As the largest GPU computing power network in the Web3 field, io.net is expected to attract more computing power providers and users, further expanding the market size.
AI and DePIN applications: Driven by the AI and DePIN tracks, io.net can provide efficient and low-cost computing resources for AI training and reasoning to meet the growing demand.
Token Economics and Staking Mechanism: The token staking mechanism will improve the hardware quality and stability of the network, while providing more usage scenarios and profit opportunities for token holders.
Expansion of the ecosystem: Projects in the io.net ecosystem will further enrich the application scenarios of io tokens and promote the prosperity of the entire ecosystem.
2. Prospects of the decentralized infrastructure (DePIN) track
The decentralized infrastructure (DePIN) track has the following salient features and prospects:
Anti-censorship: Decentralized infrastructure does not rely on a single entity and has the advantages of anti-censorship and high availability.
Resource optimization: Optimize resource utilization through distributed networks, reduce the risk of single point failures, and improve overall efficiency.
Economic incentives: DePIN projects usually have strong economic incentive mechanisms to attract more participants to contribute resources.
Innovation-driven: Decentralized infrastructure provides a broad space for innovation in emerging technologies and applications, promoting technological progress and industrial development.
Summarize
As the largest GPU computing network in Web3, io.net has broad development prospects and potential in the context of global computing power shortage. The introduction of the token's initial issuance and staking mechanism will further enhance the stability and participation of the network and promote the prosperity and development of the entire ecosystem. As the DePIN track continues to grow, io.net will play an increasingly important role in the global computing power market, helping the future of machine learning and decentralized infrastructure.