According to ChainCatcher, according to DePINscan data, the sales of DePIN & AI project Network3 mining machine N3 Edge V1 are hot, and the number of mining machines on the chain has reached a new high of 3,500. In order to meet the growing demand, the Network3 system plans to expand and upgrade on November 1. From November, the output of native tokens per mining machine will increase from 50 to 170, and the $IOTX produced by dual mining will be changed from a fixed income model of 182 to a 138,000 network-wide average distribution model.
According to Depinscan data, the cost recovery rate of the first batch of mining machines has reached 50%. With the subsequent changes in market prices, the payback period may be shortened.
As previously reported, Network3 will launch the LLM model for use on multiple N3 Dapp terminals in October, which users can run offline. The project has currently raised $5.5 million in seed round financing, and several leading institutions will participate in the next round of financing. The project has also started the listing process.
