The post Network3 Expands Mining Operation with 5,000 Additional N3 Edge V1 Devices appeared first on Coinpedia Fintech News
In a move signalling increased growth and market demand, Network3, a cutting-edge DePIN (Decentralized Physical Infrastructure Networks) and AI protocol, recently announced the release of 5,000 additional N3 Edge V1 mining devices.
The expansion comes on the heels of several notable developments for the company, including successful funding rounds, strategic partnerships, and a quickly growing network of active devices.
For starters, in July, the company successfully raised $5.5 million as part of its pre-seed and seed events, allowing it to accelerate its team growth and continue developing its innovative tech stack. Key participants included Borderless Capital, EV3, IoTeX Eco fund, SNZ, Waterdrip Capital, and Bing Ventures.
Following the fundraisers, the company’s founder, Rock Zhang, emphasized his team’s continued focus on building a future-r
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