According to BlockBeats, on September 7, according to DePINscan data, nearly 2,000 N3 Edge V1 mining machines, the first batch of physical mining machines of IoTeX ecological project DePIN & AI infrastructure Network3, have been put into operation and enabled dual mining incentives for N3 and IOTX device verification modules. The current payback period is estimated to be 120 days, ranking among the top three DePIN projects included.
Network3 aims to build DePIN & AI Layer2 to help global AI developers efficiently, conveniently and economically conduct large-scale reasoning, training or verification of models. The physical mining machine "N3 Edge V1" released by it was sold out on the day of pre-sale. It is reported that this mining machine is the first physical device connected to the IoTeX device chain identity authentication module ioID. The authenticity and operating status of each device are verified in real time on the chain, and users can also get additional IOTX incentives from the device verification module.
As the proposer of DePIN modular infrastructure, IoTeX modularly constructs the complex and arduous real-world and Web3 connection system, including on-chain device verification, off-chain data calculation, privacy communication, on-chain data storage and other common requirements of physical devices on the chain, allowing DePIN projects to use these modules as needed to improve construction efficiency and reduce costs, paving the way for large-scale application of DePIN.
