Network3's N3 Edge V1 mining device successfully mined its initial batches of IoTeX tokens and N3E credits. The first batch of 3,000 devices sold out within seconds after its launch at 10 am PST on August 20.
Advantages of N3 Edge V1
N3 Edge V1 is a privacy and performance-focused dual mining machine, providing users with better control and monetization opportunities of their digital resources. The device can mine IoTeX and Network3’s native tokens, enabling users to boost their N3E credit points and earn other rewards. These dual devices integrate IoTeX’s infrastructure such as the decentralized W3bstream and ioID to provide individual device identity with DePIN verification.
Private Cloud Services with N3 Edge V1
The physical mining device functions as a personalized cloud service in a more private, decentralized, and profitable manner. Unlike traditional cloud services, N3 Edge V1 enables users to host and manage their clouds at home. Network3 challenges centralized data processing by leveraging edge devices to reduce latency and offer more control over users’ digital data. In Edge V1, DePIN and Edge AI work together to make local data available for processing on edge devices or IoT products, making it easy for users to integrate Edge V1 into their existing network setups.
Tokenized Rewards with N3 Edge V1
Network3 users can earn rewards by sharing their computational power, data, and network bandwidth from IoT devices. The physical mining devices measure user resources and convert them into tokens, offering real-world value for their contributions. N3 Edge V1 signifies a shift from energy-intensive and specialized hardware of traditional mining toward incentivizing general user participation in mining.
Network3 aims to democratize crypto mining by providing users with tools to mine tokens through simple devices. The successful launch of Network3’s dual mining machine, N3 Edge, is a step towards creating an equitable digital economy and a decentralized future.
Comments