The most important event of this week!!! 💥💥💥
Urgent news!!! 💥💥💥
Three big mountains weighing on the rise of BTC💥💥💥
1. German government selling
2. US government selling
3. Mentougou compensation, the latest of which will be paid in 90 days, which is around October. There will be negative news about it during this period
This week, attention needs to be paid to Tuesday. Powell's speech on Wednesday shows that the panic has not yet been killed from the rebound on Sunday. What we have to do is to wait patiently. If there is a drop of more than 10%, we will buy the bottom in batches. Finally, I will share a promising bid of $IO
io.net is a decentralized computing network that supports the development, execution and expansion of ML applications on the Solana blockchain, combining 1 million GPUs to form the world's largest GPU cluster and DePIN.io.net aggregates GPUs from underutilized resources (such as independent data centers, crypto miners, and crypto projects such as Filecoin and Render) to solve this problem. These resources are combined in the decentralized physical infrastructure network (DePIN) , enabling engineers to obtain a large amount of computing power in an accessible, customizable, cost-effective and easy-to-implement system.
Currently, there are more than 200,000 GPUs on io.net that have passed the computing power authenticity verification, including more than 20,000 professional AI graphics cards such as A100, H100, L40S, etc., which is the DePIN project with the most computing power in Web 3. Therefore, as the largest GPU computing power network in Web3 at present, it is likely to become the leader of the DePIN+AI track in this cycle in the context of global computing power shortage.
In the third quarter of 2024, the IO Foundation will launch $IO Staking, requiring GPU nodes to pledge $IO as a guarantee of GPU stability and quality, thereby further improving the quality of network hardware and enriching the use scenarios of $IO tokens.
At the same time, io.net is also a strong community. In three rounds of airdrops, more than 1 million Solana wallets were rewarded with IO tokens, including GPU contributors, community supporters, Galaxy, 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 pledge mechanism, etc.
