DePIN & AI project Network3's mining machine sales are booming, and the dual mining model will be optimized starting from November 1st

ChainCatcher news, according to DePINscan data, the DePIN & AI project Network3 mining machine N3 Edge V1 is experiencing explosive sales, with the number of on-chain mining machines reaching new highs, currently surpassing 3,500 units. To meet the growing demand, the Network3 system will undergo a capacity upgrade on November 1st. Starting in November, the output value of each mining machine N3E will increase from 50 to 170, and the dual mining output of $IOTX will change from a fixed model of 182 coins per machine to a model of 138,000 coins distributed across the entire network.

According to Depinscan, the first batch of miners has already recouped half of their investment, and with the subsequent rise in coin prices, the payback period will be further shortened. The benefits of early mining are evident.

Previously reported, Network3 will launch an LLM model for multi-terminal use on the N3 Dapp in October, allowing users to run it offline. The project has currently secured $5.5 million in seed round financing, with several leading institutions participating in the next round of financing, and the project has also initiated the listing process.