Bitcoin price below $58,000 triggers mining machine shutdown wave. Shenyu said the opportunity is coming, and f2pool said that below this price, some mining machines are losing money.
The $IO digital currency project is based on the Solana blockchain and is the native token of the decentralized physical infrastructure network (DePIN) project io.net. It integrates unused GPU resources to provide computing power for AI and ML.
Its features are:
1. Decentralized GPU network: managed by blockchain and DAO to solve risk and other problems, with more than 63,000 GPU suppliers, providing a large amount of computing power.
2. Economic incentive model: IO tokens are used for ecosystem economic exchange, node staking can get rewards, and users can pay with tokens and enjoy discounts.
3. Token economics: 500 million initially, and increased to 800 million in 20 years. Tokens are distributed to the community, etc., and there is a destruction mechanism to ensure value stability.
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